Company Director Jailed For 8 Years Over Ponzi Forex Fraud

By Ronan Barnard

A company director was imprisoned for just over eight years at an English criminal court Friday for his role in Ponzi-style foreign exchange investment fraud scheme worth almost £9 million ($12.1 million).

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Addleshaw Goddard Steers £220M Church Pension Deal

By Tom Fish

​The Church of Scotland has completed a £220 million ($296 million) pension buy-in transaction with Just Group PLC, securing the retirement benefits of around 3,500 members, the financial services company said Friday.

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AI Threats A Concern For Financial Services Pros, Report Says

By Tom Fish

The rapid adoption of artificial intelligence across the U.K.'s financial services is creating a new set of systemic risks that regulators and companies struggle to contain, two professional bodies have warned in a new report.

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Roundup

UK Litigation Roundup: Here's What You Missed In London

By Megan Norcott

The past week in London has seen the billionaire who donated £5 million ($6.7 million) to Nigel Farage sue Ben Habib, the leader of far-right party Advance UK, for defamation; Mashreqbank bring claims against three subsidiaries of dissolved private equity giant Abraaj Group for commercial fraud; and the property and investment vehicle of the State of Kuwait be targeted by four real estate figures who filed a miscellaneous claim. Here, Law360 looks at these and other new claims in the U.K.

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Barclays Enabled Concierge Sex-Trafficking Ring, Suit Says

By Hailey Konnath

A California woman has filed a proposed class action against Barclays and its former CEO James "Jes" Staley, claiming that the bank and Staley facilitated and enabled a criminal enterprise tied to a luxury concierge company that trafficked, abused and exploited vulnerable young people.

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EU Insurers Propose Rule Changes To Boost VC Investment

By Alex Davidson

Insurance Europe has called for more harmonized regulation between European Union member states to persuade insurers to invest more money in risky venture capital, which would help make capital markets more competitive.

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Nordic Lender Seeks $65M To Fund MedMera Bank Deal

By Tom Fish

Swedish consumer finance lender Morrow Bank AB said Friday that it will launch a sale of new shares to raise approximately 600 million Swedish kronor ($65 million) to help to finance its acquisition of MedMera Bank AB.

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Brief

Insurers Paid Out $105M For Rising UK M&A Claims

By Martin Croucher

Insurers paid out $105 million in 2025 on claims linked to corporate mergers and acquisitions, a broker has revealed, marking a steep rise from previous years.

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