The European Union has a plan for a blocwide secondary trading platform for private companies to prevent them from slipping away to the deeper capital pools available in the U.S., although the proposal might be hindered by jurisdictional barriers.
The European Union has a plan for a blocwide secondary trading platform for private companies to prevent them from slipping away to the deeper capital pools available in the U.S., although the proposal might be hindered by jurisdictional barriers.
The financial services watchdog said Wednesday that an individual involved in a pensions business withdrew its customers' money without consent and invested it for their own benefit.
A man accused of being involved in schemes to traffic weapons without a license to countries including South Sudan and Libya told a London jury Wednesday that they should not convict him just for being involved in arms dealing.
A Connecticut state judge has ordered UBS AG to hand some communications with its lawyers and prosecutors in U.S. and U.K. criminal cases to former trader Tom Hayes, whose $400 million lawsuit claims he was made a scapegoat to shield senior bank executives from Libor-rigging allegations.
A director of an ailing gold mining company has denied breaching an agreement to pay more than £17.5 million ($23.7 million) for shares in another mining business, arguing that he didn't have to pay because the price had not been determined.
A cryptocurrency wallet platform seeks to enforce its $175 million deal to purchase a global payments company, accusing the company and its owner of "a blatant, reckless, and improper campaign" to keep the sale from closing.
Economic shocks from the war in the Middle East wiped £9.9 billion ($13.4 billion) from the funding surpluses of U.K. pension plans in March, the compensation program for the sector has said.
A financial services trade body found Wednesday in research sponsored by Barclays, Lloyds Banking Group and Vanguard that people who have never invested are willing to invest up to 53% more after receiving targeted support.
