Financial Services UK Archive » April, 2024

Financial Services UK - April, 2024

222 articles

• Ex-Autonomy VP Says CEO Lynch Told Him To Lie To Investors
• German Banker Gets 3 Years For €93M Cum-Ex Tax Evasion
• Kingsley Napley Hires M&A Pro From Deloitte
• Garrigues-Led BBVA Eyes Deal For Rival Spanish Bank
• EU Banking Watchdog Warns Of New Payment Scams
• Insurers Warn Of 'Irreparable Damage' From FCA's New Rules
• Payment Co. Hits Back Over Failed Domain Name Deal
• Vanquis Bank Seeks £4.5M For Law Firm's Complaints Deluge
• Banks Urged To Improve Global Risk Management
• HSBC To Return Another $3B To Shareholders After Strong Q1
• Insured Disaster Losses Already At $17B In 2024, Broker Says
• FTSE Draft Rules Show Impact Of FCA Listing Reforms
• 'I Don't Want To Try That Case,' Judge Tells Mike Lynch's Atty
• UK Car Insurance Cost Up 33% Over Year, ABI Says
• Fugitive Money Launderer Forfeits Auerbach Painting, Gold
• Trade Bodies Want Gov't Action Over 'Damaging' FCA Rules
• CORRECTED: Marketing Boss Said LC&F Was A Legitimate Biz, Not A 'Rinse'
• FCA Strikes A Balance With 'Finfluencer' Guidance
• FCA To Get Extra Data To Police Consumer Credit Lending
• Hipgnosis Backs Blackstone's New $1.6B Offer In Bidding War
• Simmons-Led REIT Buys Carrefour Stores For €75M
• ECJ OKs Later Limits For Borrowers Stuck With Unfair Contracts
• Freshfields Guides PE Giant CVC Capital's Upsized $2.1B IPO
• UK Gov't Rejects Lawmakers' Criticism Of Edinburgh Reforms
• FCA Defends Naming Firms Under Investigation
• UK Litigation Roundup: Here's What You Missed In London
• HSBC Recruiter Can't Bring Claim Over 'Eye-Rolling' Boss
• HSBC Beats Investors' £1.3B Disney Film Scheme Fraud Case
• Law Firm Escapes £68M Ponzi Fraud Negligence Claim
• UN Insurance Climate Group Relaunched After Backlash
• Ex-Locke Lord Atty Loses Fight To Challenge Fraud Sentence
• Standards Setter Unveils Toolbox for Central Counterparties
• Firms Urge Delays To 'Unclear' FCA Greenwashing Guidance
• Hipgnosis Ditches Blackstone Bid For Concord's $1.5B Offer
• EU Parliament Gives Final Approval To AML Package
• Ex-Autonomy GC Tells Jurors He Wanted To Be 'Helpful' To HP
• Dissecting Recent Developments Against The Misuse Of NDAs
• Klarna Trims Down Basque Bank's European Logo TM
• Oligarch's Family Can't Nix €1.5B Bankruptcy Bid
• Feds Nab Latest OneCoin Plea On $35M Laundering Charge
• Fund Manager Denies Losing Jailed Politician's Wife £8M
• EU Keeps Gibraltar, Panama, UAE On AML Blacklist
• Payments Watchdog Seeks Responses On Supervision Plans
• Osborne Clarke Guides Canada Life's £46M Lexmark Deal
• PRA Asks Banks To Review Private Equity Exposure
• EU Says 3 States Aren't Correctly Following AML Law
• Law Firm Ordered To Repay Couple £194K For Loan Breach
• Ex-Autonomy Tech Exec Doubted 'Bizarre' $6M Deal, Jury Told
• RGL Confirms Woodford Claim Against Hargreaves Lansdown
• FCA To Return £530K To Investors From Deposit-Taking Scam
• FCA Charges Man With Fraud In £2.7M Investment Scheme
• Bank Of Ireland Used Deceit To Loan Millions, Investor Claims
• Investment Fund Accuses Repository Of Dishonesty
• What To Know About The Russia-Stranded Plane Ruling
• FCA Clarifies Greenwashing Rule, Extends ESG regime
• Top UK Court Blocks Gazprom Unit's Russian UniCredit Claim
• Finance Biz. Sues Ex-Contractor For £1.6M Over Stolen Clients
• Freshfields-Led CVC Unveils Range On $1.7B Amsterdam IPO
• Trader Behind £1.4B Tax Fraud Thought Trades Were Valid
• Med Tech Founder Denies Deceiving Investors For $20M Sale
• Leaked Doc Undermines Court's Libor Findings, Hayes Says
• Commerzbank Did Not Pay Analyst Less Due To His Gender
• Complaints Of Closed Bank Accounts To Ombudsman Surge
• FCA To Consider Big Tech Data-Sharing With Finance Firms
• FCA Defends Response To British Steel Pension Scandal
• Clifford Chance Adds Private Capital Pro From Paul Hastings
• Fund Administrator Eyes $21M Deal For JPMorgan Chase Biz
• Kirkland-Led Blackstone Bids $1.2B For Music Biz Hipgnosis
• FCA Urged To Halt Plan To Publicize Enforcement Probes
• Reed Smith Can't Escape £21M Suit Says Shipping Co.
• Verifone Gets Manager's Victimization Claim Tossed
• Sudan Granted Two-Year Grace Period In £1.5B Debt Row
• 3 Notable Pensions Reforms In Spring Budget
• UK Litigation Roundup: Here's What You Missed In London
• Bank Of Cyprus Rolls Out €25M Share Buyback
• Gov't Urged To Drop Plans For Small UK Pension Pots
• EU Firms Say Strict ESG Rules Risk Chasing Off Clients
• UK Probes Suspected Charity Funding For Pro-Hamas Agency
• Assessing The FCA Data Study's Response To User Concerns
• Ex-BigLaw Atty Can Stay Free During OneCoin Fraud Appeal
• Ex-Autonomy CEO Wanted Whistleblower Fired, Ex-GC Says
• Coventry Building Society Makes £780M Offer For Co-Op Bank
• HMRC Opens Consultation On Payroll Tax In Freeports
• Negligence Claims Against Law Firm May Go To Trial
• Monex Unit And Drug Co. Settle £19M Contract Dispute
• City Pushes For UK Regulators To Be Globally Competitive
• 'Long Journey Ahead' On Dashboard Readiness, LCP Says
• Banks Demand Wider Access To New Share Trading Outlet
• Insurer Group Warns Of Creating State Pensions Consolidator
• Focus On Private Funds Will Boost Ireland's Global Standing
• Pensions Ombudsman Probing 6 Multimillion Pound Scams
• SFO Vows To Be 'Bold And Pragmatic' Under New Strategy
• Ex-JPMorgan Analyst Liked 'Winding Up' Autonomy CEO, Jury Told
• Swedish Tax Investigations Add $90M To Crypto Miners' Bills
• Raid On Broker In Cum-Ex Fraud Case Was Lawful, Court Says
• Merchants Bring Modified Bid For Swipe Fee Class Actions
• Gazprom Unit Fights Ruling Blocking Russian UniCredit Claim
• Coinbase Loses EU Appeal To Bloc Rival TM
• UK Savers Report £2B Lost From Pensions Since 2019
• Standards Setter Proposes Steps To Boost Non-Bank Liquidity
• Autonomy CEO Pressured JPMorgan Over Analyst, Jury Told
• Cigna Denies Insurer's Claim For PPI Complaints Indemnity
• Hill Dickinson Bolsters Disputes Team With New Partner
• Pensions Industry Backlash Grows Over New Reporting Rules
• UK Pension Transfer Numbers Continue To Decline
• Treasury Gains £12B Fiscal Headroom In New Tax Year
• EU Watchdogs Ally With ECB To Help Firms' Data Reporting
• UK Pension Withdrawals Hit Record High
• Global Body Mulls Better Bank Modeling For Climate Change
• Ex-Autonomy Exec Testifies To Handshake Deals, Backdating
• UK Trading Platform Marex Eyes US Markets For $300M IPO
• Real Estate Plans Were £50M Ponzi Scheme, Investors Say
• AML Exec Loses Bid For Interim Pay In Whistleblowing Case
• Freshfields-Led CVC Plans €1.25B IPO In Amsterdam
• Skat Kicks Off £1.4B London Trial Against British Trader
• European Banks Tell FCA To Prioritize Bond Data Rule Reform
• Home Insurers Paid Record £573M In Weather-Linked Claims
• BNP Paribas Buys 9% Stake In Insurer Ageas For €730M
• WTW Plans £450M Private Equity Long-Term Asset Fund
• Pension Protection Fund Has 'Crucial' Future Role, LCP Says
• Cum-Ex Prosecutions Storm Shows No Sign Of Abating
• Avoiding Legal Pitfalls In M&A Deferred Pricing Deals
• Traversing The Web Of Nonjudicial Grievance Mechanisms
• Credit Suisse, Lloyds, Others Ink $3.5M Libor Deal
• UK Litigation Roundup: Here's What You Missed In London
• Denmark's £1.4B Tax Fraud Trial Heads For 'Uncharted Waters'
• Over 800 Directors Banned For COVID Loan Fraud In 1 Yr
• FCA Warns Motor Financing Firms To Hold Enough Capital
• Pension Body Warns Of 'Burdensome' New Reporting Rules
• SocGen To Sell Moroccan Units To Investment Firm For €745M
• Clyde & Co. Must Face Ex-Client's Pared-Back Negligence Suit
• Autonomy Became Less Transparent Before Sale, Jury Told
• BlackRock Can't Deduct Interest On $4B, London Court Finds
• Ex-Sidley Partner Says CPS Did Not Disclose Prosecution Info
• Squire Patton Advises Broadstone Buy Of Credit Risk Co.
• Sanctions Targets Eye EU-UK Split As Appeals Stack Up
• Pension Schemes Moving Toward Net Zero, Watchdog Says
• SocGen To Sell Equipment Finance Unit To Rival For €1.1B
• Squire Patton Steers £130M Mitsubishi Pension Deal
• FCA Finds Failings By Administrator Of Woodford Funds
• FCA Greenwashing Rules Need To Be Stronger To Be Effective
• No Merit To Autonomy Whistleblower Claims, Auditor Says
• Italian Airline Chairman Sued For €50M Over Joint Venture
• Ex-BigLaw Atty In OneCoin Scam A Flight Risk, Feds Say
• Ex-Footballer Sues HSBC For £2M Loan Negligence
• Insurer Aviva Expands Bulk Purchase Pilot For Small Pensions
• PCAOB Fines KPMG, Deloitte Units $27M For Cheating Claims
• UK Reports £612M Lost To Investment Fraud Last Year
• Swiss To Beef Up Banking Rules After Credit Suisse Rescue
• EU Ruling Exposes Sovereignty Fissures In Int'l Arbitration
• Compensation For Poor Pensions Advice At Record Low
• EU Bank Rescue Agency Overcharged Institutions By €3.7B
• FCA Eyes Revisions To Payments For Investment Research
• Fraudsters Behind £50M Benefits Scam Get Sentencing Date
• Lifeboat Fund Opens Probe Into British Steel Pension Adviser
• EY Law Helps Alisa Bank Merge With Fintech In €10.4M Deal
• FCA Records Decline In Households In Financial Difficulty
• Russian Tycoons Win Initial Fight Over EU Sanctions
• 'You're Going To Lose These People,' Judge Tells Lynch Atty
• Pension Scheme End-Game Options Rising, Consultancy Says
• Labour Party Pledges £5.1B Tax Crackdown If Elected
• Gov't Urged To Ban Cash Incentives For Pension Switching
• Companies House False Filings Raise Issues Of Integrity
• HSBC To Take $1B Hit From Sale Of Argentina Unit
• Charles Russell Speechlys Hires Banking And Finance Lawyer
• Ex-Autonomy Exec Says Boss's Invoice Ask Caused Concern
• Canada's High Court Enforces Award In Greek Defense Suit
• £54M Claimed From Failed Financial Services Last Year
• Kirkland Hires Leveraged Finance Pro From Allen & Overy
• Attwells Denies Breaking Promise In £1.2M Loan Dispute
• Gowling, Osborne Clarke Steer £60M Tech Co. Pension Deal
• Pension Schemes Considering Alternatives For End Goal
• Grant Thornton Fined For Audit Compliance Breaches
• Hill Dickinson Hires 2 Teams From Irwin Mitchell
• High Court Limits Use Of Confidential Info In $3.7B Asset Fight
• UK Urges Delay In Claiming Pensions Until Rules Change
• UK Litigation Roundup: Here's What You Missed In London
• 6 Questions For Paul Hastings' Stuart Alford KC
• 18 Crime Gangs Specialize In VAT Fraud, Europol Says
• Allens-Guided Experian To Acquire Peer Illion For $540M
• Retired Rabbi To Return £2.3M To Charities After NCA Probe
• UK Pension Schemes Maintain Near-Record Surpluses
• UK Courts Continue To Struggle With Crypto-Asset Cases
• Fieldfisher Expands Pensions Practice With 4 PwC Hires
• UK Billionaire Lewis Avoids Prison For Insider Trading
• Mayer Brown Adds Former KPMG Tax Specialist In London
• Investors Hit Agent For £2.3M Over Failed Care Home Scheme
• Law Firm Defeats Adviser's Unfair Redundancy Claim
• Insurer Wants Greater Flexibility On State Pension Age
• Pillsbury's New UK White Collar Chief Eyes Success In London
• FCA To Claw Back £1.6M From Fund Manager For Investors
• Fladgate Sued For $26.5M Over Botched Debt Claim Advice
• UK Joins Global Data Protection Enforcement Program
• Financial Ombudsman Braces For Bigger Caseload
• Comparing The UK And EU Approaches To AI Regulation
• Standards Setter Warns Of Conflicts Of Interest In Exchanges
• Standard Life Bags Insurer's Pension Plan In £95M Deal
• Money Was Siphoned To Former Exec's Wife, Insurer Says
• OneCoin Atty Gets 4 Years For Role In $4B Crypto Fraud
• UK Billionaire Lewis Agrees To $1.64M Insider Trading Penalty
• Forex Broker Wins Deceit Claim Over TV Transactions
• More Pension Schemes Considering Running On, LCP Says
• UK Regulators Propose Special Regime For Digital Securities
• Single Pensioner Income Inequality Found To Be Widening
• Watchdog Bans 'Misleading' Advertisements By UK Lender
• EU Watchdog To Set ESG Rules For Credit Rating Agencies
• Lessons On Using 3rd-Party Disclosure Orders In Fraud Cases
• Fintech Alpha Pushes Plan To List On London's Main Market
• Kirkland-Led Goldman Sachs Unit Buys Stake In Credit Fund
• Insurer Lands Battery Brand Pension Scheme In £44M Deal
• Alleged Water Investment Fraudsters Appear In Court
• Ex-Autonomy Exec Denies He Blew Whistle To Deflect Scandal
• Feds Seek Leniency For UK Billionaire Lewis In Trading Case
• UK Reaches Landmark AI Risk Testing Agreement With US
• Accountant Fined And Banned For Triple Loan Fraud
• Luxembourg's Deduction Rules Flout EU Law, Bloc Tells Court
• Cost Of COVID Fraud Crackdown Leaves Authorities In A Bind
• UK Makes 2027 Commitment To 1-Day Securities Settlement
• Small UK Cos. 'Freed' From VAT Payments By Threshold Rise
• Insurers Say Pension Models Could Undercut Auto-Enrollment
• UBS To Launch $2B Buyback After Credit Suisse Deal Closes
• Autonomy Paid Whistleblower $750K Over Firing, Jury Told