The world’s biggest banks exceed or comply with capital levels under regulators’ Basel 3 proposals five years before deadline, according to Fitch Ratings. . .

http://www.bloomberg.com/news/2014-01-29/biggest-banks-seen-meeting-basel-rules-five-years-ahead-of-time.html

Deutsche Bank AG (DBK) co-Chief Executive Officer Anshu Jain said he plans to deal with most of the bank’s legal costs by the end of the year, after the expenses contributed to lower pay for its investment bankers. . .

http://www.bloomberg.com/news/2014-01-29/deutsche-bank-cuts-investment-banker-compensation-23-.html

Barclays has appointed Mike Roemer as Group Head of Compliance.  Roemer, who is currently Barclay’s Head of Internal Audit, will join the Executive Committee immediately and report directly to the Group Chief Executive, Antony Jenkins. . . .

http://hereisthecity.com/en-gb/2014/01/31/barclays-appoints-new-group-head-of-compliance/

In this Policy statement (PS) we publish our rules on the statutory regime for Primary Information Providers (PIPs).

We also publish our feedback on the responses received to CP13/8 – Arrangements for the Disclosure of Regulated Information. Feedback on CP12/3, CP13/5 and CP13/6 and supplementary consultation (August 2013). . .

http://www.fca.org.uk/news/firms/ps14-02-incoming-statutory-regime-for-primary-information-providers

State Street UK has been fined £22,885,000 by the Financial Conduct Authority (FCA). State Street UK’s Transitions Management (TM) business had developed and executed a deliberate strategy to charge clients substantial mark-ups on certain transitions, in addition to the agreed management fee or commission. These mark-ups had not been agreed by the clients and were concealed from them. . .

http://www.fca.org.uk/news/state-street-uk-fined-transitions-management-failings