Financial Services UK Archive » February, 2025

Financial Services UK - February, 2025

193 articles

• Illegal Crypto ATM Operator Sentenced To 4 Years In Prison
• Ex-Barclays Boss Staley Fights FCA Ban Over Epstein Ties
• FCA Charges Pair With Financial Fraud, Money Laundering
• UK Litigation Roundup: Here's What You Missed In London
• Indian Beats Tax Fraud Extradition On Prison Extortion Fears
• EU Asset Managers See Flaws In ESG Rules Revamping
• Pension Credit Demand Soars After Cuts To Winter Fuel Aid
• Gov't Urged To Overhaul Pension Transfer Rules
• FCA Clears CVC's £5.4B Hargreaves Lansdown Takeover
• 60% Of Insurance Broking M&A Driven By Private Equity
• Takeaways From BoE Progress Updates On UK Digital Pound
• IDBI Bank Secures $143M In Loan Case Amid Indian Probe
• Poland Can't Exclude Domestic Funds From Tax Break
• Trader Defends Legitimacy Of £1.4B Tax Refunds In Fraud Trial
• UK Asset Managers Told To Expect Multi-Firm Reviews
• FCA Abolishes Requirement For Consumer Duty Champions
• Key Themes From New PRA Supervisory Letters
• London-Listed Korea-Focused Fund To Wind Down
• Fintech Credit Firm To Buy AI Loans Services Biz In £4M Deal
• Billionaire Claims HMRC Failed To Hold Lawful Tax Inquiry
• Orrick Sued For £21M Over Debt Enforcement Advice
• Pension Watchdog Could Face Strain From Superfund Surge
• 3 Fraud Reforms You Might Have Missed In The Crime Bill
• Pensions Industry Warns Of 'Unique' Pressures For Gen Z
• Fladgate Boosts Private Equity Team With Avonhurst Hire
• Banker Remuneration Proposals Could Affect More Than Pay
• FCA Urged To Ban Pension Transfer Incentives
• Danish Lender Jyske Launches $316M Share Buyback
• Metro Bank To Sell £584M Personal Loan Portfolio
• Rethinking 'No Comment' For Clients Facing Public Crises
• Ex-Allianz Exec Avoids Prison As Massive Fraud Case Wraps
• Austrian Bankers' Extradition Bogged Down Over Toilet Space
• M&G Pens £111M Pension Deal For UK-Based Asset Manager
• Bank Of Ireland To Buy Back €590M Worth Of Shares
• Pension Insurer PIC Invests £50M In UK Port Group
• Reading FC Suitor Strikes Back In Failed Takeover Claim
• EU Report May Influence Regulation Of Decentralized Finance
• Audit Watchdog Tightens UK Accounting Guidance
• Denmark Argues Misrepresentation Led To £1.4B Tax Refunds
• Insider Traders Were 'Mini Cash Laundromat,' FCA Tells Jury
• UK Gov't Faces Legal Threat Over State Pension Redress
• FCA Advice Review Findings Staves Off Mass Redress Fears
• DWF Guides £4.5M Pension Deal For Christian Charity
• TLT-Led Pension Adviser To Buy Rival Polaris For Up To £58M
• Ex-WealthTek Partner Denies Defrauding Clients Out Of £64M
• UK Litigation Roundup: Here's What You Missed In London
• Nationwide Worker Loses 3rd Bid To Revive Race Bias Claim
• Standard Chartered To Launch New $1.5B Share Buyback
• Oil Co. Boss Claims $119M UAE Judgment Is Fraudulent
• FRC Urged Not To 'Weaken' UK Stewardship Investor Code
• Saudi Royal Wins Bid To Access Ex-Linklaters Pro's Accounts
• Vatican Was 'Utterly Let Down' By Financier In Property Deal
• Market Infrastructure Regs Aim To Reinvigorate EU Trading
• Mastercard Wins Green Light For £200M Swipe Fee Settlement
• 4 Banks To Pay £100M To Settle UK Bond Trading Probe
• Another Ex-Allianz Exec Gets No Time For $7B Investor Fraud
• No Deal In Sight For DOJ's Case Against Amex GBT Merger
• Analyst Used COVID To Cloak Insider Dealing, FCA Tells Court
• Ex-FCA Supervisor Can Widen Harassment Case Appeal
• Gambling Watchdog Denies Publication Hurt Ex-Entain Execs
• Baker Botts Hires White & Case's Ex-Project Finance Chief
• Conflicts Should Block Mastercard Settlement, Innsworth Says
• FCA Explains Deleted Emails Plan As Modernization Move
• Justices Hand Creditors Boost In Hunt For Fraudulent Assets
• Third Of Pension Professionals Uncertain About Gov't Policy
• Tavistock Investments Completes £18M Asset Manager Buy
• Lloyds Sets Aside £700M For Motor Finance Probe Costs
• Tether Co. Claims Crypto Trader Is Withholding Wallets
• Mastercard Deal Does Not Need To Be Perfect, Tribunal Told
• FCA Calls For Probe Into Digital Wallet Competition Issues
• Barrister Denies Owing Duty To Flag Law Firm's Negligence
• HSBC Launches $2B Share Buyback As Profits Rise
• UK Eyes One-Day Securities Settlements To Boost Growth
• Fintech Biz Plus500 Launches $110M Share Buyback Program
• Supreme Court Says Businessman Can't Dodge £19M Debt
• Tycoon Fights Bankruptcy Order Over £1B Debt To Banks
• Pensions Pro Loses Whistleblowing Claim Amid Merger Spat
• All Eyes On CAT Ahead Of Mastercard Settlement Hearing
• EU Watchdog To Set Knowledge Standard For Crypto Advisers
• Trading Firm Fined £1.7M For Financial Crime Control Failings
• Morton Guides £1.5M Pension Deal For Accounting Firm
• Thames Water Wins Court OK For £3B Rescue Plan
• Gov't Can't Intervene In Motor Finance Case At Top Court
• Financial Adviser Fired For Calling Boss 'Idiot' Wins Claim
• Pensions Watchdog To Go Further On Prudential Oversight
• E-Money Biz Enters Insolvency After FCA Ban Amid AML Fears
• Growth In UK Insurance Premiums Expected To Slow, EY Says
• Shoosmiths Steers £16M Pension Deal For Manufacturing Co.
• Brown Rudnick Bolsters Firm With Tax Pro From Fieldfisher
• UK Litigation Roundup: Here's What You Missed In London
• Gowling, Squire Patton Pilot £50M Pension Deal For Textile Biz
• Magomedov Must Pay £7M Costs Amid 'Secrecy' Over Funding
• 5 Questions For Spencer West Partner Karl Foster
• Cadwalader Adds 3 Fund Finance Pros In London
• Gov't Botched Procurement Over Late Email, Service Co. Says
• Decoding Arbitral Disputes: Equal Rights Limit State Immunity
• How Proposed Private Share Trading System May Benefit Cos.
• Stephenson Harwood-Led Green Investment Trust To Wind Up
• EU Watchdog Probes Bloc-Wide Fund Manager Compliance
• Single Pensioners Face Retirement Shortfall, Insurer Says
• Barclays Confirms £1B Share Buyback, Reports Profits Spike
• Barclays Reveals FCA Probe Over Money Laundering Controls
• Qatari Royal Loses Fight Over 70-Carat 'Idol's Eye' Diamond
• IT Biz Must Revisit $25M Earnout From Fixnetix Acquisition
• Clifford Chance Adds 2 PE Pros From KKR, Blackstone
• MPs Call On Minister To Respond On Pensions Inflation Rules
• Pension Insurers Invest £178B In UK Assets, Trade Body Says
• Exec Proves Harassment By Inflexion-Backed Finance Firm
• Insider Dealing Suspect Denies Illegally Profiting From Trades
• FCA's Pension Support Reform Needs Work, Industry Says
• Essity Faces Investors' Claim Over Chinese Tissue Biz Sale
• FCA Files Criminal Charges Against Financial Adviser
• Gov't Urged To Act On Growing Number Of Small Pension Pots
• FRC Probes Former Finance Staff At Bankrupt Local Authority
• UK Annuity Sales Hit Record After Pension-Freedom Reforms
• Russia Loses State Immunity Bid In $63B Yukos Case
• Justices Rewrite Extradition Rules In Shock To DOJ's Reach
• Financial Ombudsman's Sudden Exit Draws MP Scrutiny
• Watchdog Warns Pension Providers Over Climate Lethargy
• Reading FC Owner Sues Buyer Over Unreturned Loan Security
• UK Clears £2.55B BlackRock Bid For Data Biz Preqin
• Arena Liquidators Challenge Lloyds' Directors' Authority Defense
• Close Brothers Sets Aside £165M For Car Finance Probe
• HMRC Can't Tax Canadian Bank For Oil Loan Payments
• UK Supreme Court Bars Trader's Extradition To The US
• £5.5B Tax Evasion Could Be 'Tip Of Iceberg,' Watchdog Warns
• Vacuum Or Trap? What Trump's FCPA Halt Means For SFO
• StanChart Bids To Slash £762M From UK Investor Claim
• Tribunal To Consider If FCA Has Equality Duty In Cum-Ex Row
• Barclays Sued Over Staffer's Alleged Role In $643K Fraud
• Dechert Hires PE Pro From Gibson Dunn In London
• Procurement Biz Blocks Disclosure In Byju's $533M Debt Fight
• Audit Watchdog Signals More Support For Stewardship Code
• Nonfinancial Misconduct Lessons From Rail Worker's Win
• PE Unit Defeats Investor In Fight Over Software Co. Stakes
• Important Changes To Note In Accountant Ethics Code Update
• Pension Providers Step Up Illiquid Investments In UK
• UniCredit Lifts Block On Gazprom Unit Claim To Avoid Penalty
• Gender Pension Gap Set To Keep Rising, Analysts Predict
• Pension Schemes 'Healthier' Since 2022 Bond Crisis
• A Look At Collateralized Loan Obligations Post-Reform
• Yodel Denies Handing Investment Bank 10% Of Business
• Financier Bids To Resurrect HMRC Bungled Prosecution Claim
• Gov't Prompted To Prioritize Fighting Economic Crime
• Pension Deal Adviser Isio Buys Rival Broking Specialist
• What EU Sustainable Category Proposals Will Mean For Funds
• BoE Sets Out Pro-Growth Priorities For Finance Infrastructure
• Ombudsman To Charge Claims Firms For Dispute Referrals
• Pharmacy Chain Says Seller Inflated Value In £10M M&A Deal
• Quantum Computers 'Imminent Threat' To Data, Europol Says
• FCA Doubles Withdrawals, Changes To Misleading Ads In 2024
• HSBC Seeks To Quash Discrimination, Whistleblowing Claim
• UK Litigation Roundup: Here's What You Missed In London
• Blowback From Name And Shame Plan Hurts FCA Credibility
• Investor Can Sue Trading Brokerage For $4M Debt In England
• Danske Bank To Buy Back $695M Worth Of Shares
• What To Expect As CAT Considers Mastercard Settlement
• EU Finance Watchdog Seeks Ways To Ease Reporting Burden
• Pension Plans Urged To Eye Bulk Annuity Sustainability
• Ex-Bank Exec Fired For Hotel Spend Can't Sue CEO, GC
• Allianz UK Detects £157M 'Record' Level Of Fraud In 2024
• Wine Biz CFO Fights US Extradition Over Alleged $99M Fraud
• Energy Trader Faked Illness When Quitting For Rival
• Mastercard Deal Battle Goes Through The Looking Glass
• Pension Funds Warned Of Impact Of Global Trade War
• Managing Transatlantic Antitrust Investigations And Litigation
• FCA Rejects Complaints On Handling Of Blackmore Collapse
• FCA Told To Shelve Controversial Investigation Plans
• EU Guidance Clarifies AI Rules, But Key Concepts Lack Detail
• Tycoon Can Redo Confiscation Fight After Fraud Conviction
• Audit Watchdog Seeks Rules For Sustainability Opinions
• What 2025 Holds For UK, EU Restructuring And Insolvency
• Santander Plans €10B In Share Buybacks Over Two Years
• Construction Industry Insiders Get Prison For £22M Tax Fraud
• Barclays Poised To Slash Former Staffer's Racism Claims
• UniCredit Bids To Undo Ruling Blocking Gazprom Unit's Claim
• Sustainable Growth Must Take Pensions Priority, LCP Says
• MPs Launch Inquiry Into AI Use In Financial Services
• 3 Firms Advise On £25M Pension Deal For Redress Program
• What To Know As EU Urges Outbound Investment Reviews
• FCA Warns Smaller Payment Firms Of Consumer Duty Failings
• White & Case Gets Tax Pro From Latham
• 'Far-Reaching' EU Ban On High-Risk AI Models Now In Effect
• Pillsbury Hires Ex-McDermott London Office Chief
• Trading Biz Files New Infringement Claim Over 'Joule' Tech
• Thames Water Seeks Court Approval For £3B Rescue Plan
• Uyghur Rights Group To Sue FCA If Shein Gets LSE Listing
• FCA Response To Critical Report 'Disappointing,' MPs Say
• Freshfields-Led Barclays Sells German Consumer Biz
• IG Group Begins £50M Share Buyback Extension
• EU Watchdog Warns That All Crypto Firms Are High Risk
• Ex-Goldman Analyst Told To Pay £586K For Insider Trading
• Watchdog Launches 1st Stage Of Probe Into SME Auditing