Credit Suisse's English broker-dealer entity has reached a settlement in a $99 million claim brought by an investment company that had alleged it breached a prime brokerage agreement by unlawfully selling off shares in a South African mobile phone company.
Credit Suisse's English broker-dealer entity has reached a settlement in a $99 million claim brought by an investment company that had alleged it breached a prime brokerage agreement by unlawfully selling off shares in a South African mobile phone company.
Campaigners fighting for compensation over historical failings on payments of women's state pensions have scored a win after the government agreed to reconsider its decision not to create a redress program within 12 weeks.
The chief executive of a lending company has settled his claim in a London court that a former business partner forced him to hand over shares in the company by inventing a fraud allegation.
The U.K. Information Commissioner's Office asked an appeals court Thursday to overturn a tribunal finding that pseudonymous information stolen from electronics retailer Dixons Carphone in a privacy breach was not covered by data protection rules.
A London judge has blocked two men's claims against a Singaporean oil company's directors in a €143.8 million ($166.8 million) forgery and payment diversion case, but allowed part of their case against a man they allege controlled the company to continue.
The government has said it will use its current set of pension reforms to push through long-awaited inflation-linked increases to the retirement benefits of older workers.
Smaller auditors are starting to challenge the dominance of the Big Four firms for scrutinizing the finances of the country's biggest and most important companies, the accounting watchdog said Thursday.
The European Commission unveiled a package of financial market reforms on Thursday, aimed at dismantling long-standing barriers to trade and creating a streamlined single capital market within the bloc of 27 nations.
European savers deserve better returns and stronger consumer protections to ensure they have adequate pension pots, policy advocates have claimed, warning that reform is necessary to ensure citizens have sufficient resources in retirement.
The Bank of England’s proposals for a sterling-denominated systemic stablecoin system amount to a substantial new regime, but it has a low-risk appetite for any change that would result in payment obligations migrating to a private stablecoin ledger and its tentativeness toward wholesale settlement is disappointing, say lawyers at Norton Rose.
