Autonomy CEO Accused Of Systematic Fraud In $11B HP Deal
The founder of a British software firm artificially inflated his company’s revenue before selling it to Hewlett Packard for $11 billion, attorneys for the U.S. giant told a court on Monday at the start of the U.K.'s biggest fraud trial.
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A forum for securities regulators outlined its policy drives for 2019 on Monday and pledged to look into how emerging technologies like crypto-assets, machine learning and artificial intelligence influence the global market.
A former Royal Bank of Scotland trader accused a financial adviser of lying about a film industry investment scheme at a trial in London on Monday, saying the "low risk" tax rebates were nothing but a scam.
Theresa May said Monday she will allow lawmakers this week to explore options for leaving the European Union, including a second referendum or a longer delay to Brexit, as she admitted she lacks the support to bring her proposals to Parliament for a third time.
Mike Lynch, the founder of software business Autonomy, is set to appear at London's High Court in a multibillion-dollar accounting fraud trial starting Monday over U.S. tech giant Hewlett Packard's disastrous acquisition of his company in 2011.
The European Commission said Friday that it has approved plans by Marsh & McLennan to buy its rival broking giant Jardine Lloyd Thompson Group for $6.4 billion, on the condition that JLT ditches its aerospace insurance business to address antitrust concerns.
Credit insures are being hit with their highest level of claims for bad debt in more than a decade as U.K. businesses continue to feel the knock-on effects after a series of major company collapses, new figures from the Association of British Insurers revealed on Friday.
A judge has transferred a massive swipe fees dispute, in which Visa and Mastercard are accused of overcharging merchants, local councils and companies on card purchases, to the U.K.'s specialist competition tribunal.
This week’s record £27.6 million ($34.8 million) fine against UBS for misreporting 136 million transactions has underlined the need for banking compliance teams to focus on their trading desks if they hope to avoid falling foul of Europe’s formidable securities rules.