The Financial Conduct Authority will meet with creditors that have called on the regulator to investigate Barclays Bank and its conduct in connection with the collapse of Market Financial Solutions Ltd., a person familiar with the matter told Law360 Monday.
The Financial Conduct Authority will meet with creditors that have called on the regulator to investigate Barclays Bank and its conduct in connection with the collapse of Market Financial Solutions Ltd., a person familiar with the matter told Law360 Monday.
Two former insurance brokerage directors urged a tribunal on Monday to overturn a decision to ban them from working in financial services, arguing that the regulator had been wrong to rely on judicial findings they had engaged in fraud over the sale of their brokerage.
Deutsche Bank AG said Monday that it has settled a €152 million ($176 million) claim that a former employee had brought against it in Frankfurt over his wrongful conviction linked to an Italian banking scandal.
Three entities linked to the Awas aircraft leasing group have settled part of their more than £85 million ($115 million) lawsuit with two Lloyd's of London insurance syndicates over payments linked to planes stranded in Russia after the country's invasion of Ukraine in 2022.
Chancellor John Healey declined on Monday to rule out tax hikes in the autumn Budget statement despite demands from industry groups to reduce the fiscal pressure on businesses.
City of London Police has said its first Report Fraud annual assessment, produced for the 2026 financial year, showed a 395% rise in the use of artificial intelligence behind scams, most often in investment fraud.
Spire Healthcare Group PLC has agreed to a £1 billion ($1.35 billion) take-private offer from a consortium of three private equity firms, including investment manager Toscafund.
