India fought on Monday to block a UAE investment fund's $273 million claim over a collapsed aluminum production scheme, arguing at a London appeals court that an arbitration tribunal does not have jurisdiction to hear the case.
India fought on Monday to block a UAE investment fund's $273 million claim over a collapsed aluminum production scheme, arguing at a London appeals court that an arbitration tribunal does not have jurisdiction to hear the case.
A Saudi sheikh's dispute with Bank Audi SAL over the Lebanese lender's alleged refusal to transfer more than $24 million to his Swiss account can proceed in England, a London appeals court has said.
A trade body for financial institutions released Monday a report on how financial services can deliver the government's economic growth plan, two days ahead of the King's speech expected to set out related legislation.
The managers of a Scottish local authority's pension fund denied that their decision to invest £104 million ($142 million) in a portfolio of Swedish wind farms was an "existential gamble," saying that the claim is "based entirely on hindsight."
A former stockbroker convicted for money laundering has been sentenced to a further 499 days in prison for failing to fully repay money owed under a confiscation order, the Financial Conduct Authority has said.
The European Union's markets regulator said Monday that it has found poor compliance and senior management oversight at many European fund managers after it carried out a common supervisory action.
A financial services consultancy said Monday that it has advised software company Access Group on securing the retirement benefits of all 40 members of its pensions plan in a £4.5 million ($6.1 million) full buy-in with Just Group PLC.
