Update: Lenders Get Reprieve in UK Motor Finance Case From Top Court August 1, 2025 By Jonathan Browning, Lucca de Paoli and Upmanyu Trivedi A group of lenders won a major reprieve in a pivotal UK car finance case, after the country’s top judges...
HP Lost £730 Million After Buying Mike Lynch’s Autonomy, Judge Says July 22, 2025 By Jonathan Browning Hewlett Packard Enterprise Co. lost around £730 million ($985 million) after it bought Mike Lynch’s firm Autonomy Corp., a London...
Financier Lex Greensill Decries ‘Code of Silence’ Around SoftBank Deals June 10, 2025 By Jonathan Browning Financier Lex Greensill said there was a “code of silence” around a series of transactions with SoftBank Group Corp. to...
UK Supreme Court Starts Motor Finance Case With Billions on the Line April 1, 2025 By Jonathan Browning and Adelaide Changole A fight over UK motor finance and whether lenders should be on the hook for billions of pounds in compensation...
UK Pledges Anti-Bribery Cooperation With French, Swiss After US Retreat March 24, 2025 By Jonathan Browning British, French and Swiss prosecutors agreed to form a new intelligence sharing partnership in a bid to tackle overseas corruption...
Odey Banned From UK Financial Services Industry for ‘Lack of Integrity’ March 19, 2025 By Jonathan Browning Crispin Odey was fined £1.8 million ($2.3 million) and banned by the UK’s financial regulator for showing a “reckless disregard”...
Europe Braces for Freeze of US Foreign Corruption Practices Act February 24, 2025 By Jonathan Browning, Karin Matussek and Gaspard Sebag In recent years, Glencore Plc, Airbus SE and Credit Suisse have collectively paid more than $5.5 billion in fines for...
Harassment Claims Soar at City Firms in Wake of Odey Scandal October 25, 2024 By Jonathan Browning City firms reported a 72% surge in non-financial misconduct complaints over the last three years following a string of high-profile...
Softbank Says Credit Suisse to Blame For Fund’s $440 Million Greensill Loss October 4, 2024 By Jonathan Browning Softbank Group Corp., facing a $440 million lawsuit from Credit Suisse, said the bank was to blame for some of...
City Firms Don’t Have an Answer for UK Regulators on Workplace Sexual Harassment June 20, 2024 By Jonathan Browning Hundreds of UK banks, brokers and insurers missed a deadline to respond to the financial watchdog’s survey on sexual harassment...