Thousands of motorists can pursue claims against car finance providers as a group, a London appellate court affirmed Tuesday, saying that it was not an "irrelevant waste of time" to try lead cases to determine common issues between them.
Thousands of motorists can pursue claims against car finance providers as a group, a London appellate court affirmed Tuesday, saying that it was not an "irrelevant waste of time" to try lead cases to determine common issues between them.
Binance has been hit with a £150 million ($199 million) group action claim by investors who accuse the cryptocurrency trading platform of illegally selling them high-risk derivatives products, the investors' lawyers said Tuesday.
The Bank of England and the Financial Conduct Authority set out proposals Tuesday on how they will jointly regulate systemic stablecoin issuers in the U.K.
An investment fund manager and a consultancy urged a U.K. appellate court Tuesday to overturn a ruling that they had stolen confidential information to set up a Venezuelan debt investment fund after a joint venture failed.
Mexican billionaire Ricardo Salinas Pliego urged an appeals court Tuesday to overturn a ruling refusing him a quick win in his $415 million fraud claim, arguing that using a private intelligence agent to gain information from his opponent's lawyer did not amount to an abuse of process.
The government has helped drive a decade of progress in increasing female representation in senior leadership positions across the financial services sector, but achieving complete gender parity is still decades away, a review by HM Treasury indicated on Tuesday.
The government should consider reforms to allow Britons to use pension wealth to get on the property ladder, a consultancy said Tuesday, warning that those living in rented accommodation are more likely to face poverty in retirement.
