A payments processing business has denied being liable to the administrators of London Capital & Finance for allegedly allowing £20.3 million ($27 million) to be diverted to the defunct investment firm's former directors and others.
A payments processing business has denied being liable to the administrators of London Capital & Finance for allegedly allowing £20.3 million ($27 million) to be diverted to the defunct investment firm's former directors and others.
A London tribunal has ruled that Barclays did not unfairly sack an assistant vice president after he deliberately concealed a risk that the bank had overcharged its trading fees to a client over several years.
The Financial Conduct Authority said Wednesday it would end the pause on some complaints about motor finance deals on May 31, two months earlier than it had originally planned.
A former investment fund director appeared at a London court on Wednesday accused of perpetrating a years-long fraud worth up to £20 million ($26 million).
The European Commission said Wednesday that it has added Russia to a list of high-risk countries in order to protect the European Union against financial crime.
A Saudi investor has sued Chubb for around £259,000 ($344,500) to cover a conveyancing firm, alleging that the now-insolvent business negligently advised him when he bought "derelict" student accommodation in England that turned out to be "effectively worthless."
British insurance company Bridgehaven said Wednesday it has completed the acquisition of Irish insurer SureStone Insurance DAC, marking what it called an "important step" in its European ambitions.
Morr & Co. has said it has hired a cross-border Spanish property and estates specialist as a partner, as it strengthens its international private client services team in the face of growing demand.
