A subsidiary of Libya's sovereign wealth fund has sued a London fund manager, seeking information about suspected third-party commission payments in connection with a $50 million investment it made.
A subsidiary of Libya's sovereign wealth fund has sued a London fund manager, seeking information about suspected third-party commission payments in connection with a $50 million investment it made.
Indian metals tycoon Prateek Gupta has partly convinced an appeals court to delay acknowledging an almost $7 million fraud claim brought by a commodities trader pending the outcome of a jurisdictional challenge at the U.K. Supreme Court.
Funding for U.K. pension plans rose to its highest point in three years in July after the resumption of hostilities in the Middle East pushed up yields on long-dated government bonds, the reserve fund for the sector has said.
An employment tribunal has ruled that HSBC UK Bank discriminated against a former employee by refusing to provide her with a working printer to use at home.
The government must break down "regulatory silos" between property and pension wealth, or millions of people will be at risk of a shortfall in retirement income, a trade body warned Thursday.
The Financial Services Consumer Panel has asked the Financial Conduct Authority to review how banks and other finance businesses should apply the Consumer Duty and other rules to sole traders and smaller businesses.
Morr & Co. has strengthened its private client practice by appointing a new partner in London to meet growing demand for complex estate and succession planning advice.
Norton Rose Fulbright said Wednesday that it has strengthened its global banking practice by hiring a project finance specialist as a partner in Amsterdam, as the firm expands into digital infrastructure and energy transition work.