Trading Firm Settles Lawsuit Over iPad Secret Theft
A London trading firm has settled a High Court case against a former quant it accused of using an iPad to copy confidential trading strategies. Read the full details.
Category : Search result: banking settlement
Migrant workers slam Labour's 'performative' visa proposals
Visa-holding migrants and British families condemn the government's 'earned settlement' consultation, warning it fuels anti-immigrant sentiment and creates prolonged uncertainty. The public consultation closes on 12 February.
Google Settles AI Chatbot Lawsuits Over Teen Suicide
Google and Character.AI have settled lawsuits alleging their AI chatbots harmed minors, including a Florida teen's suicide. Read the full story on the landmark case.
HSBC Settles French Tax Fraud Probe for £230m
HSBC agrees to a €268m settlement over 'cum-cum' dividend tax fraud claims in France. The banking giant also secures shareholder approval to privatise Hang Seng Bank.
Israel pushes vast West Bank settlement, imperilling Palestine
Israel quietly tenders 3,401 homes in the E1 West Bank settlement, a move experts say aims to 'bury' a Palestinian state. Construction could start within a year.
Steve Coogan's Baby Cow back in profit before court settlement
Steve Coogan's production company, Baby Cow, posted a £358k profit as revenue rose to £2.6m. This preceded a settled High Court defamation claim over the film 'The Lost King'. Read the full details.
BBC settles with family over unauthorised filming
The BBC has reached a settlement with a family who survived the Hamas attacks after a news crew filmed inside their wrecked home without permission. Read the full story on the broadcaster's latest controversy.
Bank branch closures pause as lenders return to high street
After years of closures, UK banks are reopening branches in a mini high street revival. Nationwide's pledge to keep 696 sites open until 2030 offers relief to customers like those in Northampton.
New Orleans Archdiocese Reaches $305m Clergy Abuse Settlement
After a protracted five-year bankruptcy, the New Orleans archdiocese agrees to a $305m settlement with clergy abuse survivors, amidst allegations of secrecy and delayed justice. Read the full investigation.
BNP Paribas promotes Lynagh and Jourdan in capital markets
BNP Paribas has restructured its capital markets leadership, promoting Michael Lynagh and Olivier Jourdan to new co-head roles. Discover the strategic moves shaping the bank's future.
HSBC hires ex-Citi exec Ida Liu for private banking
HSBC has recruited former Citi veteran Ida Liu to head its global private banking division, aiming to strengthen its wealth management services for ultra-high-net-worth clients.
Dollar General $15m Price-Gouging Settlement
Dollar General agrees to pay at least $15m to settle claims it overcharged customers across the US. Find out if you are eligible for a repayment.
PayPal Applies for US Banking Licence Amid Deregulation Push
PayPal has filed for a US banking licence, aiming to boost small business lending. The move follows Trump's deregulatory reforms, attracting UK fintechs like Revolut and Starling to also eye the American market.
San Diego $12m Settlement in Police Shooting of Konoa Wilson
San Diego agrees to a $12 million settlement with the family of Konoa Wilson, a 23-year-old fatally shot by police in 2022. The case has reignited debates over US policing and use of force.
Giuffre Family War Over 'Missing Millions' From Estate
The family of Jeffrey Epstein victim Virginia Giuffre are locked in a court fight over millions allegedly missing from her estate. Discover the details of the financial mystery.
HSBC ends chair search, Citi appoints new UK M&A heads
HSBC concludes its search for a new chair, while Citigroup reshuffles its UK investment banking leadership. Get the latest on major moves in London's financial sector.
Putin: Russia 'ready now' for war with Europe
Vladimir Putin states Russia is prepared for immediate conflict with Europe, rejecting a 28-point peace plan. Experts warn Moldova and Baltic states could be next targets. Read the full analysis.
Offshore Tribunals Sue UK for Billions Over Climate Laws
Secretive offshore courts allow foreign firms to sue the UK for lost profits, threatening sovereignty and climate action. Discover the chilling effect on democracy.
Carer cancels benefits over immigration rule changes
A Ghanaian carer cancels all benefits including her autistic daughter's disability allowance amid fears new immigration rules will block her UK settlement. Read her story.
Virginia Giuffre's Estate Battle Over Unsigned Will
Virginia Giuffre's sons contest unsigned will in Western Australia Supreme Court. Estate valued at £472k+ with potential millions from Prince Andrew settlement at stake. Read the latest developments.
UK first-time buyer affordability best in a decade
New data reveals UK first-time home buying is the most affordable since 2015. Lower mortgage rates and rising wages ease the burden. Discover the regional trends and expert advice.
US Banks Announce Major UK Expansion Projects
JP Morgan unveils a new £3bn Canary Wharf headquarters as Goldman Sachs expands in Birmingham, signalling a major vote of confidence in the UK economy. Discover the details.
Goldman Sachs to create 500 jobs in Birmingham
Goldman Sachs announces major expansion of its Birmingham office, creating 500 new roles in the UK's second city. Discover how this investment boosts regional employment.
Court Appoints Administrator for Giuffre's Estate
An Australian court appoints an administrator for Virginia Giuffre's multi-million pound estate, allowing stalled lawsuits including the Rina Oh defamation case to proceed. Discover the latest developments.
Jefferies Launches Fixed Income Trading Desk
Investment bank Jefferies establishes new fixed income desk in London as part of outsourced trading expansion. Discover how this strategic move impacts UK financial markets.
Bank shares volatile amid Treasury Budget leaks
UK bank stocks experience dramatic swings as Treasury's conflicting Budget leaks create market uncertainty. Lloyds and Barclays see-saw while tax hike rumours persist. Analysis inside.
UK Bank Shares Jump on Budget Tax Reprieve Hopes
NatWest, Lloyds and Barclays stocks rise as investors anticipate Rachel Reeves will spare lenders from further levy in this week's budget. Discover the market reaction.
ABN Amro Announces 5200 Job Cuts Over Three Years
Dutch banking giant ABN Amro reveals plans to cut 15% of workforce in strategic overhaul. Discover how this impacts European banking sector and what's next.
The modern struggle of proving your identity to banks
Discover why proving your identity to your own bank has become an absurd bureaucratic nightmare in the digital age. Read this eye-opening account of modern banking frustrations.
Curve investor files legal challenge over Lloyds sale
IDC Ventures files High Court petition to block Curve's £125m sale to Lloyds, alleging governance failures wiped out £670m shareholder value. Read the latest developments.
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