Ex-AIG Employees, Seeking Back-Bonuses of $100M, Win British Court Ruling June 26, 2019 By Jonathan Browning A group of former traders and managers at American International Group Inc. won a London judge’s backing in their battle...
2 Ex-AIG Employees Win $10M in France, Ahead of Separate $100M Bonus Case in UK June 21, 2019 By Gaspard Sebag and Jonathan Browning Two former American International Group Inc. employees won awards totaling about $10 million after French judges chastised the insurance giant...
British Hacker Gets 4 Years in Jail for TalkTalk Data Breach June 12, 2019 By Jonathan Browning A British man who hacked TalkTalk Telecom Group Plc, blackmailed executives and offered to supply customer data has been jailed...
Big 4 Accounting Firms Should Separate Auditing, Consulting Work: UK Lawmakers April 2, 2019 By Thomas Beardsworth and Jonathan Browning The “Big Four” accounting firms should be forced to legally separate their “cash cow” consulting work from their auditing businesses,...
UK Insurer Aviva Prepares for ‘Hard Brexit’ by Transferring Assets from UK February 14, 2019 By Jonathan Browning Aviva Plc asked a London court to approve the transfer of assets totaling 9 billion euros ($10.2 billion), saying the...
Metals Financing Fraud Lawsuits Reveal Risks of Relying on Paper Receipts January 28, 2019 By Mark Burton and Jonathan Browning When the man running one of London’s biggest metals brokerages found a new client who wanted to finance large volumes...
UK Household Insurers, Banks Face Action for Overcharging Customers December 19, 2018 By Jonathan Browning and Karin Matussek Providers in the U.K.’s markets for cash savings, mortgages, insurance, mobile phone contracts and broadband are burdening customers with a...
Deutsche Bank, BofA, JPM Drawn into Danske Money Laundering Probe: Sources November 16, 2018 By Christian Berthelsen, Tom Schoenberg and Jonathan Browning Deutsche Bank AG and Bank of America Corp. have been contacted by U.S. criminal investigators for information about transactions they...
Former AIG Employees Win UK Court Ruling over $100M in Back Bonuses November 13, 2018 By Jonathan Browning A group of former employees at American International Group Inc. won a U.K. court ruling that may pave the way...
Pro-Brexit Groups, UK Insurance Businessman Banks Probed by Crime Agency November 2, 2018 By Jonathan Browning and Kitty Donaldson Donations made by pro-Brexit groups including Arron Banks’ Leave.EU will be investigated by police after the Electoral Commission said they...