Broker Sues Over Unethical ‘Raid’ of 38 Staff in UK Poaching Row May 11, 2023 By Jonathan Browning Marsh & McLennan Cos.’s reinsurance broker sued a London rival, saying it secretly planned an unethical “raid” of 38 people...
Shell Wins Bid to Limit British Suit Over Nigeria Delta Oil Spill March 3, 2023 By Jonathan Browning Shell Plc won a bid to limit a British lawsuit over an oil spill off the coast of Nigeria after...
Santander Fined £108 Million by UK Watchdog for Lax Money-Laundering Controls December 9, 2022 By Stephanie Bodoni and Jonathan Browning Santander UK Plc was fined £108 million ($132 million) by the UK financial watchdog over repeated anti-money laundering failures that...
Credit Suisse Clears 1st Hurdle Toward $440M Greensill Lawsuit Against SoftBank December 8, 2022 By Jonathan Browning Credit Suisse Group AG cleared the first hurdle toward kick-starting a long-awaited $440 million lawsuit against SoftBank Group Corp. stemming...
Swiss Re Underwriter Wins Sex Discrimination Suit After Boss Joked About Her Breasts August 26, 2022 By Jonathan Browning A former Swiss Re AG underwriter won her sex discrimination suit after she was left humiliated by a senior manager...
UK Judges Clear Path for $7B Suit Against BHP Over Deadly Brazil Dam Collapse July 8, 2022 By Jonathan Browning and Katharine Gemmell UK judges paved the way for a group of more than 200,000 people to bring a suit against BHP Group...
UK Seizes Funds Linked to $150M Fraud From Fintech Firm QPay April 22, 2022 By Jonathan Browning The UK seized 2 million pounds ($2.61 million) from a London-based fintech firm, saying that the funds were linked to...
Nigeria Accuses JPMorgan of Ignoring Red Flags for Fraud, Seeks Damages of $1.7B February 24, 2022 By Jonathan Browning Nigeria alleged JPMorgan Chase & Co. ignored “overwhelming” evidence of fraud and stark warnings from its own compliance staff as...
UK Banks Face Surge in Equal Pay Claims After Landmark Ruling Against BNP Paribas February 2, 2022 By Jonathan Browning Stacey Macken fought more than eight years for equal pay. Her victory over BNP Paribas SA this week at a...
Greensill Downfall Began with Firing of Insurance Manager at Sydney Unit of Tokio Marine March 5, 2021 By Donal Griffin and Jonathan Browning The debacle that led to the unraveling of Lex Greensill’s trade-finance empire began with the firing of a manager at...