The Financial Conduct Authority said Friday it had fined Paul Taylor, the former chief executive of Blue Horizon, £489,000 ($662,000) and banned him from working in finance after he made false statements as he sought to buy a bank and a football club.
The Financial Conduct Authority said Friday it had fined Paul Taylor, the former chief executive of Blue Horizon, £489,000 ($662,000) and banned him from working in finance after he made false statements as he sought to buy a bank and a football club.
A group of secured noteholders has sued a Spanish maker of auto parts, arguing that the company's restructuring of its €821 million ($950 million) debt unfairly favors lender banks at the noteholders' expense.
An investment fund that says it is the victim of a €45 million ($52 million) fraud secured a court order on Friday for HSBC to provide it with information on the alleged scammers' frozen bank accounts.
A tribunal has ruled that the Financial Ombudsman Service may withhold confidential information it received from the Co-operative Bank during an investigation into a disgruntled bank customer's complaint and subsequent information request.
The past week in London has seen newly signed Real Madrid footballer Yan Diomandé sued over access to his image rights, Nigel Farage and Reform UK deputy leader Richard Tice accuse the NCA of leaking confidential financial information, and a right-wing American journalist hit The Guardian with a libel claim.
A trade body for insurers in Europe has asked the European Data Protection Board to simplify its proposed format for notifying of personal data breaches in a harmonized way.
Property portal owner ZPG Ltd. said Friday that it has agreed to sell its data and analytics business Hometrack to private equity firm Providence Equity Partners, as the U.K. group focuses on its other businesses.
