The European Commission revealed Thursday that it is investigating Deutsche Börse and Nasdaq over possible collusion to avoid competing for the listing, trading and clearing of financial derivatives.
The European Commission revealed Thursday that it is investigating Deutsche Börse and Nasdaq over possible collusion to avoid competing for the listing, trading and clearing of financial derivatives.
German financial regulator BaFin said Thursday it has hit pan-European bank JP Morgan SE in Frankfurt with its largest-ever fine of €45 million ($52 million) for breaching anti-money-laundering rules.
Ireland's central bank fined cryptocurrency exchange Coinbase €21.4 million ($24.7 million) on Thursday for breaking anti-money laundering rules after it failed to adequately screen transactions worth billions of euros, some of which it later tied to organized crime, fraud and scams.
The accounting watchdog said Thursday it has fined BDO £5.85 million ($7.7 million) and fined its former audit engagement partners John Everingham and Kevin Cook separate amounts for misconduct relating to the supervision of a dishonest former senior manager.
The Pensions Regulator said Thursday that it has finalized its deal with ITV that means the British broadcaster will now provide full pension benefits to members of the Box Clever retirement savings plan, concluding one of the watchdog's longest running cases.
Millions of workers could lose out on hundreds of pounds a year if the government moves to end tax breaks on pension contributions, a trade body said Thursday in a stark warning to policymakers.
The Association of British Insurers said Thursday that it supports the government's recently launched plan to improve access to financial services and boost households' economic resilience.
Europol and UEFA have extended their collaboration to crack down on corruption in football by agreeing to share information on issues like money laundering, illegal betting and financial manipulation, the organizations said.
British venture capital firm Molten Ventures PLC said Thursday that it has sold a part of its stake in digital banking app Revolut for approximately £23 million ($30 million) in its ongoing portfolio management.
Managing general agent Pulse Insurance Ltd. said it has completed its planned merger with Nirvana after being given the green light from the Financial Conduct Authority.
The U.K. pension risk-transfer market is heading for an unprecedented decade of growth, with total buy-in and buyout volumes projected to hit a high watermark of £550 billion ($720 billion) by 2035, a retirement consultancy said Thursday.
Commerzbank said Thursday it plans to begin a share repurchase program of up to €600 million ($692 million) pending approval from the European Central Bank and the German Finance Agency.
Danish international shipping and logistics company DFDS AS has completed two bulk purchase annuity transactions worth a combined £70.4 million ($92.2 million) with Just Group PLC, the financial services company disclosed on Thursday.
With merger and acquisition activity likely to increase in light of the government’s new defense industrial strategy, the role of the National Security and Investment Act will come into sharper focus, and its recent annual report confirms that scrutiny is intensifying, say lawyers at Kingsley Napley.
