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...
UK’s M&A Watchdog Emerges from EU’s Shadow with Massive New Powers December 30, 2020 By Jonathan Browning The UK’s parting of the ways from the European Union means that an obscure 7-year-old watchdog is about to gain...
Mastercard Faces $18.6B Class Action in UK December 14, 2020 By Jonathan Browning Mastercard Inc. faces the prospect of a 14 billion-pound ($18.6 billion) UK class action — the largest of its kind...
UK Supreme Court to Consider Landmark Equal-Pay Case Against Walmart’s Asda July 13, 2020 By Jonathan Browning A long-awaited equal pay lawsuit at the U.K. Supreme Court could see thousands of mostly female workers obtain better wages...
UBS Settles Lawsuit with Former Trainee Who Alleged Rape by Senior Employee June 29, 2020 By Jonathan Browning UBS Group AG settled a lawsuit brought by a former trainee in London who said she was raped by a...
Google Faces $3.9B iPhone Privacy Lawsuit After London Court Reinstates Case October 3, 2019 By Jonathan Browning and Ellen Milligan A U.K. lawsuit filed against Google by millions of iPhone users over data-collection claims was given the go-ahead by London...
BNP Broker Wins Sex Discrimination Lawsuit, Highlighting Unequal Pay, Laddish Culture September 18, 2019 By Jonathan Browning A broker at BNP Paribas SA who complained about being paid less than male colleagues won her employment suit after...
Marriott Faces $124M Fine for Massive Data Breach Under New Data Protection Rules July 11, 2019 By Patrick Clark and Jonathan Browning The massive hacking of Marriott International Inc. reservation databases could lead to a 99 million-pound ($124 million) fine as the...