Law firms (56 items)

Catch up with the past week of Banking Day

We've produced hundreds of articles for you this week, relevant archived news served up with the latest news. And the top latest news in banking? Let's face it, you're reading a stack of that in Banking Day. Catch up with the week's news. Adjust to the new look Banking Day. read more

China's shadow banking industry in need of reform

Andrew Cornell, managing editor at BlueNotes reviews Shadow Banking in China: An Opportunity for Financial Reform, by Andrew Sheng and Ng Chow Soon from the Fung Global Institute. read more

McMillan Shakespeare's vehicle finance acquisitions make a contribution

Retail finance activities made a significant contribution to the earnings of the remuneration services and fleet leasing specialist McMillan Shakespeare, as the company started to enjoy a strong revenue flow from recent acquisitions in the finance market. Now the company says it is ready to expand its retail finance activities beyond vehicles. read more

ASIC discovery 'tip of BBSW iceberg'

The plaintiffs in a new, and US centred, class action directed at five Australian banks and more than a dozen other defendants on allegations of manipulating short term interest rate benchmarks have taken a cocky, and even arrogant, tone in their statement of claim.The defendants, including Australia's four major banks and Macquarie, have been sued in the US District Court by two US hedge funds and a derivatives trader (as reported in Banking Day on Friday).The plaintiffs, in language more colourful than employed by ASIC in civil proceedings in Australia, contended the banks engaged in a "multi-year conspiracy" that was "persistent, pervasive, and secret."The plaintiffs said they "believe that substantial evidentiary support for the claims alleged will be unearthed after a reasonable opportunity for discovery." read more

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