UK Court Refuses Permission to Appeal in Diesel Emissions Lawsuits Against Carmakers October 9, 2026 London’s High Court on Thursday refused claimants permission to appeal against its July decision which broadly found in favor of...
Executives Take Pay Cuts Over Staff Misconduct at Prudential Japan October 9, 2026 By Taiga Uranaka and Nao Sano Top executives at Prudential Financial Inc.’s Japan unit will take pay cuts after a panel of outside experts issued a...
Volkswagen Sets Aside £725 Million for UK Car Finance Payout October 7, 2026 By Jamie Nimmo and Upmanyu Trivedi The UK financing arm of Volkswagen AG has made a £725 million ($960 million) provision to cover the costs of...
Banks Face Extra £6B Cost if Motor Finance Compensation Plan Is Thrown Out: UK’s FCA June 9, 2026 By William Shaw Lenders that mis-sold car finance would risk spending £6 billion ($8 billion) more if they reject the official compensation program...
UK Motor Finance Scandal to Cost Lenders $12 Billion April 2, 2026 By Kirstin Ridley and Phoebe Seers The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans...
Mike Lynch’s Estate Refused Permission to Appeal in UK HP-Autonomy Case March 24, 2026 The estate of late British tech tycoon Mike Lynch was on Tuesday refused permission to appeal a ruling by London’s...
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...