U.K. Financial Services Firms Prepare for Worst in Brexit Trade Talks January 27, 2020 By Sinead Cruise, Huw Jones and Andrew MacAskill Britain’s finance sector is losing hope of securing even basic access to European Union markets from Dec. 31, as talk...
British Accountants Under Pressure to Do More to Detect Fraud at Companies December 18, 2019 By Sinead Cruise and Huw Jones British accountants could be required to look for fraud at companies they audit under proposals made in a government-backed review...
London Retains Status as Top Global Financial Services Center, Despite Brexit Chaos October 15, 2019 By Andrew MacAskill, Sinead Cruise and Huw Jones From the pinnacle of the City of London’s largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the...
Brexit to Cause Irreversible Damage to UK Financial Services, Say Industry Leaders December 12, 2018 By Huw Jones, Sinead Cruise and Andrew MacAskill Life in London’s financial district will appear little changed when Britain leaves the European Union on March 29, defying predictions...
Update: UK Insurer Aviva to Replace CEO Wilson as Shareholders Seek Higher Returns October 9, 2018 By Simon Jessop and Sinead Cruise Aviva is replacing its chief executive Mark Wilson after his sweeping transformation of the British insurer did not deliver the...
UK Financial Services Sector to Remain Largely Unscathed from Brexit: Barclays’ Chief July 25, 2018 By Sinead Cruise and Andrew MacAskill Britain’s banking industry will emerge largely unscathed from Brexit and retain its position as one of the world’s top two...
RBS Settlement with U.S. Over 2008 Crisis Less Than Feared May 13, 2018 By Emma Rumney, Lawrence White and Sinead Cruise Royal Bank of Scotland’s shares rose as much as 6 percent last Thursday after the bank reached a $4.9 billion...
Some European Insurers, Pension Funds Build Loan Books to Rival Banks May 27, 2015 By Simon Jessop and Sinead Cruise Australian Symon Drake-Brockman is on the front line of a revolution in European finance. The former head of global debt...
UK Insurer Aviva to Cut 2,000 Jobs Worldwide April 18, 2013 By Anjuli Davies and Sinead Cruise British insurer Aviva Plc will cut as many as 2,000 jobs worldwide in the latest cost-cutting drive aimed at revitalizing...
Prospects Fade for Early Settlement by BP with U.S. Over Gulf Oil Disaster September 5, 2012 By Sarah Young and Sinead Cruise Hopes BP can settle early out of court on liability for its 2010 U.S. Gulf oil spill looked forlorn on...