UK’s FCA Says Lenders Face Minimum £9 Billion Bill on Car Loans August 4, 2025 By Lucca de Paoli The UK’s Financial Conduct Authority will consult on a redress scheme to guide firms on how they should compensate motor...
Update: Lenders Get Reprieve in UK Motor Finance Case From Top Court August 1, 2025 By Jonathan Browning, Lucca de Paoli and Upmanyu Trivedi A group of lenders won a major reprieve in a pivotal UK car finance case, after the country’s top judges...
UK Authorities Charge Director at Center of Fake Plane Parts Probe May 29, 2025 By Lucca de Paoli The former director of a firm at the center of a global investigation into bogus airplane parts was charged with...
Lloyd’s Broker Charged Over Alleged Ecuador Bribes April 17, 2025 By Lucca de Paoli UK fraud cops have charged an insurance broker with bribery, after a four-year probe into alleged corruption involving state-run insurance...
Thames Water Debt Insurer Taps Advisers as Crisis Deepens April 26, 2024 By Jessica Shankleman, Giulia Morpurgo and Lucca de Paoli A US insurance firm with at least $2 billion in exposure to Thames Water Utilities Finance Plc is working with...
Loan Deadline Looms for China Life Canary Wharf Tower March 20, 2024 By Jack Sidders and Lucca de Paoli China Life Insurance Co. is in crunch talks with lenders to an office tower in Canary Wharf to help stave...
Rugby World Cup Beset With Head Injuries, Creating Growing Existential Threat September 15, 2023 By Lucca de Paoli The Rugby World Cup in France is set to be the most-watched iteration of the quadrennial competition ever, the pinnacle...
Credit Suisse’s Catastrophe Bonds Should Outlive the Bank: DBRS Morningstar March 27, 2023 By Lucca de Paoli Bonds designed to insure Credit Suisse Group AG against disaster could outlive the bank. Credit Suisse’s Operational Re bonds, insurance-linked...
Cat Bond Investors Demand Higher Premiums as Weather Becomes More Extreme January 11, 2023 By Lucca de Paoli and Tasos Vossos Investors in the $35 billion catastrophe bond market are demanding the highest premiums in years to cover issuers against disasters,...
Greensill Capital Still Has $9.3B to Pay on Its Notes After Its Collapse a Year Ago April 8, 2022 By Lucca de Paoli Greensill Capital collapsed more than a year ago, but $9.3 billion of assets sold to investors as notes are yet...