Online payment company QuidPay on Thursday won its bid to get back funds worth more than $12 million held by a fintech platform, with a London judge finding the platform could not hold the funds as a reserve after contracts were terminated.
Online payment company QuidPay on Thursday won its bid to get back funds worth more than $12 million held by a fintech platform, with a London judge finding the platform could not hold the funds as a reserve after contracts were terminated.
A financial technology company has accused a former executive of misusing its confidential information while still an employee to build a competing platform, as it asked a London court to declare it the owner of the new business.
The Information Commissioner's Office said Thursday that it has searched multiple properties across the U.K. and seized electronic items after consumers filed millions of complaints about car finance adverts.
Six former traders at Barclays and Deutsche Bank convicted of rigging benchmark interest rates will challenge their convictions in October after a 2025 U.K. Supreme Court ruling prompted a review of their cases, the Court of Appeal said Thursday.
The Financial Conduct Authority said Thursday that it has censured a corporate finance business for approving misleading financial promotions used to sell minibonds, a risky type of investment.
The widow of shipbuilding magnate Iskandar Safa urged an appeals court Thursday to overturn a ruling allowing Mozambique to add her to its bribery case after the country secured a $1.9 billion damages award, arguing that any claim against her belongs in Lebanon.
ICBC Standard Bank has settled a hacking claim with a client company that alleged the lender transferred €795,000 ($912,000) from the client's account on the instructions of an imposter impersonating the company's director.
A pensions standards body has published guidance for the sector on how to manage risks associated with artificial intelligence, following near universal industry adoption of the technology.
Automatic enrollment into workplace pensions continued to underpin savings in Britain in 2025, the government said Thursday, although an expert at a financial services consultancy has warned that action is needed to ensure people are putting enough away for retirement.
Trustees of the pension plan of chemicals company Hickson International PLC have completed a bulk purchase annuity buy-in worth £208 million ($278 million), pension investor Royal London Group said Thursday.
London Stock Exchange Group PLC began a stock repurchase program of up to £700 million ($940 million) on Thursday as the bourse owner disclosed a sharp jump in pretax profit for the first half of 2026.
