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...
Two More Wirecard Executives Charged in Germany Over Accounting Scandal August 6, 2024 German prosecutors have charged another two former Wirecard executives, according to a statement from their Munich office on Tuesday, casting...
Delaware Law to Allow Big Investors Greater Sway Over US Corporate Boards July 2, 2024 By Tom Hals Delaware is poised to adopt changes to its widely used corporate law that critics argue could weaken U.S. boards of...
Markets/Coverages: Relm Insurance Releases Difference in Conditions Solution for D&O June 25, 2024 Relm Insurance, the Bermuda-based specialty insurance carrier, announced the release of its Side A Difference in Conditions (DIC) solution. Relm’s...
Standard Chartered Faces £1.5 Billion UK Claim in Iran Sanction Case April 24, 2024 By Upmanyu Trivedi Standard Chartered Plc is facing about £1.5 billion ($1.9 billion) worth of investor claims at a London trial over allegations...
Suncor’s Syncrude Canada to Pay C$390,000 After Worker Fatality April 9, 2024 By Nia Williams Oil sands producer Syncrude Canada, majority-owned by Suncor Energy, will pay C$390,000 ($287,187.04) after pleading guilty to a health and...
Markets/Coverages: Marsh’s D&O Facility Provides Up to $75M of Capacity February 14, 2024 Insurance broker Marsh announced that its D&O Echo facility is now offering clients with enhanced directors and officers insurance protection,...