Articles by Jonathan Browning

UK Supreme Court to Consider Landmark Equal-Pay Case Against Walmart’s Asda

A long-awaited equal pay lawsuit at the U.K. Supreme Court could see thousands of mostly female workers obtain better wages from the largest supermarkets and end up costing the chains as much as 8 billion pounds ($10.1 billion). The Supreme …

UBS Settles Lawsuit with Former Trainee Who Alleged Rape by Senior Employee

UBS Group AG settled a lawsuit brought by a former trainee in London who said she was raped by a senior employee, according to her attorney. The Swiss lender agreed to settle the claim after the trainee, who was identified …

Google Faces $3.9B iPhone Privacy Lawsuit After London Court Reinstates Case

A U.K. lawsuit filed against Google by millions of iPhone users over data-collection claims was given the go-ahead by London appeals judges who overturned an earlier ruling that had thrown out the case. The group, known as Google You Owe …

BNP Broker Wins Sex Discrimination Lawsuit, Highlighting Unequal Pay, Laddish Culture

A broker at BNP Paribas SA who complained about being paid less than male colleagues won her employment suit after a London judge ruled that she suffered sexual discrimination. Stacey Macken, a prime brokerage product manager who still works at …

Marriott Faces $124M Fine for Massive Data Breach Under New Data Protection Rules

The massive hacking of Marriott International Inc. reservation databases could lead to a 99 million-pound ($124 million) fine as the U.K. cracked down on privacy breaches with its second major penalty notice in two days. The cyber attack, which Marriott …

Ex-AIG Employees, Seeking Back-Bonuses of $100M, Win British Court Ruling

A group of former traders and managers at American International Group Inc. won a London judge’s backing in their battle to obtain $100 million dating back to the financial crisis, after he said that the insurance giant couldn’t put forward …

2 Ex-AIG Employees Win $10M in France, Ahead of Separate $100M Bonus Case in UK

Two former American International Group Inc. employees won awards totaling about $10 million after French judges chastised the insurance giant for trying to block the payment of bonuses they’d already earned to cover for its huge losses. The Paris court …

British Hacker Gets 4 Years in Jail for TalkTalk Data Breach

A British man who hacked TalkTalk Telecom Group Plc, blackmailed executives and offered to supply customer data has been jailed for four years. Daniel Kelley, 22, was sentenced after pleading guilty to 11 charges of hacking and blackmailing TalkTalk, London …

Big 4 Accounting Firms Should Separate Auditing, Consulting Work: UK Lawmakers

The “Big Four” accounting firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses, a U.K. Parliament committee said Tuesday. PricewaterhouseCoopers, Deloitte, EY and KPMG — which between them control more than 90 percent …

UK Insurer Aviva Prepares for ‘Hard Brexit’ by Transferring Assets from UK

Aviva Plc asked a London court to approve the transfer of assets totaling 9 billion euros ($10.2 billion), saying the uncertainty from Brexit was “intensifying” as it joined other insurers and banks triggering contingency plans. Aviva asked Judge Richard Snowden …