Enron Files for Bankruptcy: 2 December 2001
On this day in 2001, energy giant Enron filed for Chapter 11 bankruptcy in the biggest corporate collapse in US history. Discover the story of fraud, ambition, and failure. Read the full analysis.
Category : Corporate
BNP Paribas hires Barclays' Rushton for infrastructure
BNP Paribas taps Barclays veteran James Rushton to spearhead its UK infrastructure finance expansion, signalling a major push in the competitive sector. Discover the strategic move.
JPMorgan hires ex-Goldman dealmaker Biscaldi
JPMorgan recruits former Goldman Sachs managing director, Stefano Biscaldi, to lead its European financial sponsors group. Discover the strategic move shaping investment banking.
Accenture calls 800,000 staff 'reinventors' in AI shift
Global consultancy Accenture has begun referring to its 800,000 employees as 'reinventors' as it sharpens its focus on artificial intelligence capabilities and warns staff to adapt. Read the full story.
Gail's Bakery to Open 40 New Sites, Creating 500 Jobs
Gail's Bakery announces a major UK expansion, opening 40 new sites by February 2026 after creating nearly 500 jobs. The £500m-valued chain sees revenue surge to £278m.
A&O Shearman's top staff take home £43m after merger
Senior figures at the newly merged law giant A&O Shearman shared a £43.3m payout in the year following its creation. Discover the financial details and strategic implications.
Schroders appoints JPMorgan exec to head ETF strategy
Asset management giant Schroders has recruited a senior JPMorgan executive to lead its ambitious push into the competitive ETF market. Discover the strategic move reshaping its investment offering.
Trump grants clemency in $1.6bn fraud case
Donald Trump has granted clemency to David Gentile, a private equity executive convicted for a massive $1.6 billion fraud scheme. Discover the full story behind this controversial pardon.
Couple used hidden camera to cheat Sydney casino out of $1.18m
A Kazakh couple allegedly used hidden cameras and earpieces to fraudulently win $1.18m from Sydney's Crown casino. Discover how police uncovered their sophisticated gambling scam.
Banking helpline nightmare for the 'befuddled'
Guardian columnist Tim Dowling recounts his frustrating ordeal with a bank helpline that mistakenly identified him as elderly and confused. A cautionary tale for anyone navigating automated customer service.
Black Sheep Brewery Owner Faces Administration
Keystone Brewing Group, owner of Black Sheep and Fourpure, files notice to appoint administrators as soaring costs and weak consumer confidence threaten 190 jobs.
RBC Expands Healthcare Team, Mayer Brown Promotes 36
RBC Capital Markets strengthens its European healthcare division with key hires as Mayer Brown announces 36 partner promotions globally. Discover the strategic moves shaping finance and legal sectors.
US regulators investigate banks over Epstein connections
US financial regulators confirm serious investigation into banking executives including Jes Staley over alleged facilitation of Jeffrey Epstein's criminal activities through banking access.
RCHL Credit Downgraded Over Telegraph Takeover Bid
Daily Mail's parent company RCHL faces credit rating downgrade by S&P Global amid Telegraph Media Group takeover concerns. Read the latest business news analysis.
Campbell's executive fired over 'poor people' remarks
Campbell's Soup dismisses a senior VP after alleged racist and derogatory comments about customers and Indian employees were recorded. Full story on the corporate scandal.
HSBC chair candidates to present to board next week
George Osborne and other contenders will pitch their vision for HSBC's strategy to the board as Europe's largest lender seeks to replace Sir Mark Tucker. Follow the latest developments.
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.
BNY Wealth Boss: From Factory Floor to Finance
Jose Minaya, BNY's global head of investment and wealth, reveals his incredible journey from stock boy to top finance executive and shares his views on London's property market.
Gopichand Hinduja, UK's Richest Man, Dies at 85
Gopichand Hinduja, who topped Britain's rich list with £35bn family conglomerate, passes away at 85. Discover his journey from Iran to London opulence.
Watch dealer jailed for £1.2m Rolex fraud
Adam Moore-Lynch sentenced to over five years for defrauding 50 victims in a £1.2m luxury watch scam. Discover the full story of the Manchester Watch Hub fraud.
Budget: Mecca Bingo owner reveals £50m tax hit
The Rank Group warns Chancellor Rachel Reeves's Budget will cost it £46m due to a Remote Gaming Duty hike. Discover how this impacts the FTSE 250 company's digital operations and future strategy.
Gender Pay Gap Worsens Among Executives
Australia's gender pay gap narrows to 21.1%, but women CEOs face a $185,335 pay disparity. Discover the state-by-state breakdown and the path to progress.
Katjes buys Graze from Unilever for £35m
German confectioner Katjes Group is in advanced talks to acquire snack brand Graze from Unilever for about £35m, a fraction of its 2019 purchase price. Discover the details.
Shein executive relocates from London to Dubai
Shein's former European director Cui He moves to Dubai, joining a growing trend of UK executives seeking lower-tax jurisdictions. Discover the implications for London's business landscape.
Campbell's Soup exec suspended over 'poor people' comments
Campbell's Soup executive Martin Bally suspended after allegedly calling company products 'food for poor people' in lawsuit. Read the shocking details and company response.
Evoke Considers Italian Arm Sale Over UK Tax Raid
Evoke, owner of William Hill, plans a potential sale of its Italian online business if the UK budget imposes punitive gambling tax rises. Read the full analysis.
Campbell's VP on leave after insulting products in recording
A Campbell's Soup vice president has been placed on leave after a secret recording revealed he avoids the company's 'unhealthy' products and made racist remarks about staff. The lawsuit alleges a toxic workplace.
Former Citadel Manager Moves to Eurasia Group
Eurasia Group appoints former Citadel portfolio manager to strengthen financial services division. Key strategic move signals expansion in political risk analysis.
Domino's CEO ousted after chicken strategy shift
Domino's Pizza Group CEO Andrew Rennie departs after two years following tensions over his fried chicken expansion strategy. The company insists pizza remains core business.
Debt Collection Charges Dismissed Against Panthera Finance
Criminal charges against debt collector Panthera Finance dismissed after court rules company wasn't technically collecting debts owed to others. Consumer Affairs Victoria ordered to pay costs.
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