Lawyers and MPs are calling for an externally-led investigation into the handling by the Financial Conduct Authority of whistleblower Simon Andriesz before his recent suicide, the latest in a series of controversies over its treatment of whistleblowers.
Lawyers and MPs are calling for an externally-led investigation into the handling by the Financial Conduct Authority of whistleblower Simon Andriesz before his recent suicide, the latest in a series of controversies over its treatment of whistleblowers.
An English appeals court threw out on Friday the conviction of a former Deutsche Bank trader who had pleaded guilty to fraud for rigging benchmark interest rates, becoming the latest in a series of bankers to have their convictions overturned.
The Bank of England said Friday it has tested the financial sector's ability to respond to a global cloud services outage, bringing together 38 of the U.K.'s largest lenders and market infrastructure operators in a crisis management exercise.
The past week in London has seen PrivatBank sue its former oligarch owner, building materials provider Kingspan face a €100 million ($112 million) claim over Grenfell Tower cladding and energy giants VaroPreem and Viaro Energy become embroiled in an intellectual property row.
A law firm owned by Seddons GSC has defeated a Luxembourg-based bank's claim that it conspired with a Russian media tycoon to avoid repaying £10 million ($13.2 million) in debt.
The financial markets regulator of the European Union said Friday that it is weighing whether tokenized assets can be used safely as collateral in central clearing as the digital asset technology moves closer to mainstream use.
Half of major global jurisdictions have "material gaps" in emergency public funding arrangements for failing systemically important banks, leaving authorities at risk of having to "improvise under pressure" during a financial crisis, a stability-standards setter warned Friday.
Investment firm Scotchstone Capital LLP said Friday it is considering making a takeover offer for Permanent TSB Group Holdings PLC, potentially increasing competition for the Irish lender as it pursues an already-agreed acquisition by Austria's Bawag Group.
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