Standard Chartered Settles £1.5 Billion Iranian Sanction Suit in London December 5, 2025 By Lucca de Paoli Standard Chartered Plc has settled an investor lawsuit worth £1.5 billion ($2 billion) over allegations it systematically breached sanctions against...
Director Pleads Guilty to Fraud Over Fake Plane Parts Sales December 2, 2025 By Lucca de Paoli and Kate Duffy The director of a company at the center of a probe into the sale of counterfeit plane parts pleaded guilty...
Credit Suisse Fails to Topple $600 Million Rogue-Banker Bill November 25, 2025 By Hugo Miller A Credit Suisse unit in Bermuda lost its UK court fight to topple a $600 million damages award to sanctioned...
HP Seeking $1.8 Billion From Mike Lynch’s Estate After UK Autonomy Lawsuit November 19, 2025 By Sam Tobin Hewlett Packard Enterprise is seeking nearly $1.8 billion from the estate of the late Mike Lynch over HP’s acquisition of...
HSBC to Take $1.1 Billion Hit After Luxembourg Court Ruling in Madoff Case October 27, 2025 By Rishav Chatterjee, Selena Li and Lawrence White HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of...
Carmakers Accused in Huge UK Lawsuits of Cheating Diesel Emissions Tests October 14, 2025 By Sam Tobin Some of the world’s biggest carmakers manipulated diesel emissions tests because they “would rather cheat than comply with the law,”...
Continental AG Reaches Deal With Ex-Managers in Diesel Scandal, Handelsblatt Reports October 8, 2025 Germany’s Continental AG has reached a deal with former managers that will see their insurance pay damages between 40 million...
Volkswagen Loses Top Court Case Over Diesel Deal With Ex-CEO September 30, 2025 By Karin Matussek Volkswagen AG lost an appeals case in Germany’s highest civil court over the shareholders’ approval of a settlement with former...
‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers August 1, 2025 A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market...
HP Lost £730 Million After Buying Mike Lynch’s Autonomy, Judge Says July 22, 2025 By Jonathan Browning Hewlett Packard Enterprise Co. lost around £730 million ($985 million) after it bought Mike Lynch’s firm Autonomy Corp., a London...