Britain’s antitrust watchdog on Monday began investigating Mitsubishi UFJ Financial Group's planned £6.3 billion ($7.6 billion) deal for a unit of Germany’s DVB Bank, citing worries that the takeover might hinder competition for aviation financing.
Three investment funds holding billions of dollars of Argentinian government bonds sued the country for €384.7 million ($427 million), claiming the South American country had improperly changed the baseline used to assess when payments were owed.
Britain's financial compensation scheme said Monday it will compensate homeowners who took out policies with failed Danish insurer Alpha Insurance after a deal to secure replacement cover collapsed.
The European Union will attempt to revive a blacklist of foreign countries that pose money laundering risks at a meeting of the bloc’s finance ministers in October after a previous attempt was scuttled by national governments, a European Commission spokesman confirmed Monday.
The European Central Bank handed detailed guidance to financial on Monday aimed at smoothing the transition of more than €100 trillion ($110 trillion) of financial products underpinned by Europe’s EONIA interest-rate benchmark to a new unsecured overnight borrowing rate by January 2022.
Aviation magnate Farhad Azima filed a $16.7 million counterclaim in England's High Court on Friday against an Emirati state-owned investment authority he alleges hacked his email accounts and leaked details about him on the internet.
Britain’s Serious Fraud Office has clarified what companies can expect when they report fraud and corruption, issuing guidance that experts say will help businesses navigate the gap between cooperating with the differing demands of U.S. and U.K. white-collar enforcers.
Mozambique's attorney general has sued the founder of a shipbuilding company for fraud in London, accusing the billionaire executive of taking part in a $2 billion scheme involving Credit Suisse to cheat investors who bought the African country's debt.
A judge refused on Friday to approve a £11.2 billion ($13.6 billion) deal to transfer more than 365,000 Prudential annuity policies to an insurance company started in 2007, saying it was “entirely reasonable” that policyholders would prefer the longer-established company.