A tribunal upheld on Tuesday the Financial Conduct Authority's finding that Banque Havilland, now Rangecourt SA, acted without integrity to harm Qatar's currency, but trimmed the regulator's fine of the bank from £10 million ($13.7 million) to £4 million.
A tribunal upheld on Tuesday the Financial Conduct Authority's finding that Banque Havilland, now Rangecourt SA, acted without integrity to harm Qatar's currency, but trimmed the regulator's fine of the bank from £10 million ($13.7 million) to £4 million.
Visa said at the start of a London trial on Tuesday that it "didn't want to hear" from Luxottica again after settling a swipe fees claim, accusing the eyewear retailer of defying an agreement when a subsidiary refused to stop legal action.
The U.K.'s construction certification body has completed a £20 million ($27 million) full scheme buyout with insurer Aviva, securing the pension benefits of all its members, Broadstone said Tuesday.
HSBC Bank PLC told a London court on Tuesday that two members of the Barclay Family have owed it £140 million ($192 million) since April 2024 and that the brothers are now seeking to adjourn bankruptcy petitions "on very vague terms."
A London tribunal has ruled that Barclays Bank did not act unlawfully by omitting to increase a sales manager's salary when he took on additional duties that elevated his role to the grade of vice president.
The government said Tuesday it had secured agreements with China to boost London's position as a global financial hub during Prime Minister Keir Starmer's recent visit to the country.
Walker Crips said Tuesday the Financial Conduct Authority has approved an acquisition by a unit of Singapore-based capital markets giant Phillip Brokerage Pte Ltd., satisfying a critical condition in the wealth management and stockbroking firm's proposed takeover.
The Metropolitan Police confirmed on Tuesday that it will launch an official investigation into allegations that Peter Mandelson leaked government information to sex offender Jeffrey Epstein.
The Office of Trade Sanctions Implementation's recent report on its first year of operation offers insights into OTSI's interpretation of its mandate as the U.K.'s civil enforcement body for trade sanctions and efforts to operationalize its enforcement powers, giving businesses a compliance road map for areas it will prioritize in 2026, says Alexandra Melia at Steptoe.
