The raid by prosecutors on HSBC in Geneva may have surprised the bank - which quadrupled its compliance staff to 6,000 last year - but PwC sees the move as part of a trend and says there are 'quite a few skeletons around'. | 9yrs

The outgoing US Attorney General, Eric Holder, has given prosecutors 90 days in which to start cases against individuals over the 2007/08 global financial crisis - and has stated publicly that the prosecutors are eager to bring such actions. | 9yrs

Some international businesses are losing the protection of legal privilege in US court battles because their in-house counsel do not have a law licence. | 9yrs

New York mayor Bill de Blasio has settled an action that has been running for five years about the rights of police officers to stop and frisk - by awarding US$295,000 to 11 plaintiffs and $2.95m to the lawyers representing them. | 9yrs

Two former lawyers in the Nyst Legal law firm on Australia's Gold Coast have appeared before the Brisbane Magistrates Court, accused of helping clients hide money away from the state's special financial intelligence unit. | 9yrs

Eversheds UK has recruited a group of financial services consultants to work side by side with lawyers in a regulatory compliance team - following in the steps of fellow UK-based firm RPC which also went into non-legal consulting this month. | 9yrs

Baker & McKenzie is being sued for £11.7m over an allegedly 'aggressive financial engineering' arrangement which was put in place through a Luxembourg shell company. | 9yrs

Commerzbank has just set aside US$549m for legal costs and its finance director has warned that a US investigation into alleged sanctions violations could lead to further provisioning. | 9yrs

Prosecutors have described how a 51-year old Pittsburgh lawyer defrauded a local bank while embezzling funds from the law firm where he worked in order to finance businesses that he was running. | 9yrs

Former Jones Day partner Mark Hermann is predicting problems for the rich law firms whose partners earn US$1m a head - as they fall behind the super-rich where earnings are around $3m. | 9yrs

Despite trebling its dividend, Swiss bank UBS has strengthened its legal provisions again and predicted a legal and regulatory environment which will continue to be challenging 'for the foreseeable future'. | 9yrs

John Brennan, the CIA head, has strongly denied that his organisation spied on Senate staff working on last year's report on the agency's involvement in torture and secret rendition - but memos from a CIA lawyer suggest the contrary. | 9yrs

Lawyers have already begun defending clients accused of questionable tax practices in Switzerland as revelations begin to be made in the international media about HSBC and 30,000 of its Swiss customer accounts between 2005 and 2007. | 9yrs

Michael Millikin will stay on at GM as legal head or as being 'available for consultng services' until the end of this year - despite calls from the Senate to fire him after his department was seen as slow to deal with a fatal faulty switch problem. | 9yrs

The UK government is being urged to drop accountancy giant PwC from its public procurement work and to sanction firms which break a proposed code of conduct - in a report which accuses PwC of promoting tax avoidance 'on an industrial scale'. | 9yrs

Three months after the tax affairs of various PwC clients were leaked to the newspapers, Allen & Overy is warning that the same thing could happen again. | 9yrs

Milbank, Tweed, Hadley & McCloy has just opened a Korean office which will focus on international M&A, private equity, project finance and - reflecting the managing partner's specialisms - aviation. | 9yrs

The 850-lawyer global firm is planning to focus on international arbitration and projects in a Cairo presence through an associated office. | 9yrs

McCarthy Tetrault has come top in half of the 12 Legal Post league tables run on advisers to debt and equity issuers - and is followed by Blake, Cassels & Graydon which wins the top spot four times. | 9yrs