Fiona Woolf, the second woman to head the City of London in 800 years, said bankers in her district must keep working to regain the public’s trust and backed the Bank of England’s latest move to support lenders.
Marisa Drew, Credit Suisse Group AG’s most senior female investment banker in Europe, expects it will take at least five years before women start to gain a greater share of senior positions in the industry.
Recipients of the American Bar Association’s pro bono publico awards, which will be presented today in Chicago, include the law firm of Akin Gump Strauss Hauer & Feld LLP, Neal Minahan, a partner with McDermott Will & Emery LLP and Amy Lorenz-Moser, a partner with Armstrong Teasdale LLP.
Landesbank Baden-Wuerttemberg, the third-biggest issuer of structured notes this year, hasn’t sold any of the securities for more than two months as it responds to regulatory changes requiring greater disclosure.
Riccardo Banchetti, whose work packaging derivatives at Lehman Brothers Holdings Inc. got him the top European job at the firm a week before it failed, is now making a living unraveling the kind of deals he once developed.
Standard Chartered Plc may have to pay as much as three times more than the $340 million it was fined by a New York regulator to settle all the probes by regulators into its transactions for Iranian clients.