Analysis: Britain’s Proposed Post-Brexit Financial Services Law Underwhelms Industry July 21, 2022 By Huw Jones and Sinead Cruise Britain’s reform of post-Brexit financial services is more about catching up with rivals than unleashing a “Big Bang 2.0” as...
Financial Risks of Climate Change Are Exaggerated: Senior HSBC Banker May 20, 2022 By Lawrence White, Sinead Cruise and Simon Jessop Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, a senior HSBC banker in...
Global Banks Battle COVID-19 Crime Wave December 11, 2020 By Sinead Cruise and Lawrence White LONDON — Fraud risk analyst Rajendran Raj was used to the odd out-of-hours alert from authorities, but a call one...
Insurers Drop Appeal Against UK Court Ruling on 3 COVID Business Interruption Policies October 22, 2020 By Sinead Cruise Six insurers have decided not to appeal against a London High Court ruling that they were wrong to reject claims...
Employees Say Rules at Britain’s Banks Block Use of Contact Tracing App October 9, 2020 By Iain Withers and Sinead Cruise Branch staff at some of Britain’s biggest banks say rules that require them to store phones in lockers while at...
RBS Risk Manager Gets Day in U.S. Court Seeking Whistleblower Payout May 13, 2020 By Michelle Price and Sinead Cruise The U.S. Second Circuit Appeals Court on Tuesday considered arguments by an ex-Royal Bank of Scotland employee who is suing...
Brexit Trade Talks Back on Agenda After COVID-19 Hiatus, Facing Tight Timetable May 1, 2020 By Huw Jones and Sinead Cruise Banks are dusting off their no-deal Brexit plans as concerns deepen that Britain and the European Union won’t agree a...
Growing Number of UK Insurers Cancel Dividends Amid COVID-19 Concerns April 8, 2020 By Sinead Cruise and Muvija M British insurers canceled more than 1 billion pounds ($1.2 billion) of dividends on Wednesday, in moves welcomed by the Bank...
UK, U.S. Banks and Regulators Warn of Wave of Coronavirus Scams March 25, 2020 By Lawrence White and Sinead Cruise UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with...
Prudential in Talks to Fully Control China Venture; Weighs Sale of U.S. Business February 7, 2020 By Carolyn Cohn and Sinead Cruise Prudential is in talks that could lead to it taking full control of its 50:50 joint venture with China’s CITIC...