Lewis Silkin - Journal - Owen Watkins

Not as safe as houses

20^th February 2013, By Owen Watkins in Corporate, Banking & Finance, Financial Services, Banking Disputes

The Court of Appeal has ordered HSBC to pay £180,000 compensation to Mr Rubenstein for negligently advising him on how best to invest the proceeds of sale of his house. In this customer friendly decision the court overruled the first instance judge who ruled that his loss was not foreseeable and too remote. Read more
A Greenlight for FSA intervention

24^th May 2012, By Owen Watkins in Corporate, Regulatory & Compliance

The seriousness with which the Financial Services Authority (FSA) regards market abuse can be seen from its actions in the Greenlight Capital case. The size of the fines and the number of persons affected clearly demonstrate the FSA’s commitment to take tough action where it thinks that necessary. Read more

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