Is Britain on the Cusp of Another Multibillion-Pound Consumer Finance Scandal? April 2, 2025 By Sinead Cruise The Supreme Court of the United Kingdom will on Tuesday hear arguments to overturn a judgment that could cost Britain’s...
UK Supreme Court Starts Motor Finance Case With Billions on the Line April 1, 2025 By Jonathan Browning and Adelaide Changole A fight over UK motor finance and whether lenders should be on the hook for billions of pounds in compensation...
UK Bank StanChart Loses Bid to Cut Shareholders’ $1.9 Billion UK Lawsuit in Half March 25, 2025 Standard Chartered on Tuesday lost a bid to halve the value of a roughly 1.5 billion-pound ($1.94 billion) London lawsuit...
Australia Regulator Sues FIIG Securities for Cybersecurity Failures March 13, 2025 The Australian securities watchdog said on Thursday it is taking fixed-income broker FIIG to court, alleging it failed to implement...
Citi Fined by Swiss Exchange Regulator Over 2022 Fat-Finger Flash Crash March 10, 2025 By Noele Illien Citigroup Inc. was fined 500,000 Swiss francs ($568,000) by Switzerland’s stock exchange regulator for failures after a London staffer’s fat-finger...
Yodel Lawsuit Exposes Strains in UK’s Troubled Parcel Industry January 13, 2025 A van delivery entrepreneur whose startup was dubbed the Uber of the moving business was accused of asset-stripping and misappropriating...
FCA Says Ex-Barclays CEO Staley Misled it Over Epstein Contacts During Probe November 19, 2024 Ex-Barclays CEO Jes Staley gave misleading answers to Britain’s Financial Conduct Authority about his dealings with Jeffrey Epstein when it...
Walmart Reaches Settlement in Shareholder Lawsuits Over Handling of Opioids October 21, 2024 By Anne D'Innocenzio Walmart said Friday it has reached a proposed settlement pact related to three lawsuits filed by shareholders on behalf of...
Southern Water’s Credit Risk at Record High Amid Thames Water Woes October 1, 2024 By Laura Benitez and Giulia Morpurgo Southern Water’s credit risk has soared to a record high in recent days as hedge funds scramble to protect themselves...
Telegram Lawyer Says Investigation Into CEO Durov Is ‘Absurd’ August 29, 2024 By Gabriel Stargardter and Ingrid Melander A lawyer for Telegram boss Pavel Durov, who is the target of an unprecedented investigation in France, said on Thursday...