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...
Trafigura Staff Tried to Hide Nickel ‘Red Flags,’ Gupta Says in Court Document December 6, 2023 By Jack Farchy, Jonathan Browning and Archie Hunter Staff at Trafigura Group worked with alleged fraudster Prateek Gupta to ensure that their dealings would not raise the suspicion...
Hedge Fund Manager Crispin Odey Faces Lawsuit Over Sexual Misconduct Allegations September 25, 2023 By Jonathan Browning Two of Crispin Odey’s alleged victims have filed a lawsuit against the hedge fund manager and his eponymous former firm....
Another Metals Trading House Says It Has Been Hit by a Nickel Fraud August 25, 2023 By Archie Hunter, Alfred Cang and Jonathan Browning Another trading house has been stung after buying a cargo supposedly containing nickel that turned out to be full of...