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September 04, 2026
The European Central Bank has given the green light for Italian lender Monte dei Paschi's proposed €13.5 billion ($16 billion) takeover of Mediobanca, clearing an important regulatory hurdle.
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September 03, 2026
Insurer Canada Life has taken on £400 million ($540 million) of retirement scheme liabilities from a plan sponsored by U.K. food manufacturer Samworth Brothers, in a deal guided by four firms.
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September 03, 2026
The Financial Conduct Authority said Thursday that it has provisionally fined and banned an adviser from working in financial services for "recklessly" giving unauthorized pension transfer advice to dozens of clients.
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September 03, 2026
Betting giant Entain has been hit with another claim by institutional investors after paying £615 million ($833 million) to settle an investigation into its alleged failure to prevent bribery by its operations in Turkey.
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September 03, 2026
A group of investors has sued British American Tobacco, adding to two separate group claims the cigarette company is facing after it failed to disclose information about its North Korean activities, resulting in it paying hundreds of millions of dollars in penalties.
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September 03, 2026
The Financial Conduct Authority has said it is turning the spotlight on incentive structures for outsourced handling of insurance claims, following a "super complaint" in late 2025.
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September 03, 2026
Three former company directors were imprisoned for a total of more than 15 years on Thursday for fraudulently plundering investors' money from a £70 million ($94 million) tree plantation investment scheme.
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September 02, 2026
Three former directors defrauded thousands of victims out of £70 million ($94.4 million) through a tree plantation investment scheme to finance their luxurious lifestyles, a prosecutor for the Serious Fraud Office said at a sentencing hearing in London on Wednesday.
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September 02, 2026
Britain's tax authority didn't misinterpret tax legislation when it applied anti-avoidance rules to a holding company's payout of £10 million ($13.5 million) to shareholders, a London tribunal ruled Wednesday.
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September 02, 2026
The Financial Conduct Authority warned Wednesday that frontier artificial intelligence is discovering vulnerabilities faster than regulated companies can respond, exposing risks that need information-sharing and coordinated engagement with suppliers.
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September 02, 2026
Administrators of a financial intermediary linked to the collapsed Market Financial Solutions have sued MFS' former director Paresh Raja for £242 million ($327 million), alleging that he funneled the money to companies he owned and controlled.
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September 02, 2026
The Financial Conduct Authority's new rulebook on non-financial misconduct for 37,000 asset managers, insurers and other non-banking companies that took effect on Tuesday has raised new uncertainties and risks.
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September 02, 2026
Britain's sanctions watchdog said Wednesday that it has fined Citibank £4.7 million ($6.35 million) for processing almost 1,000 transactions over a span of three years despite financial restrictions imposed on Russia.
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September 02, 2026
A former director at a cybersecurity company has sued his business partners, alleging they ousted him to force him to sell his shares at half their fair value and derail a potential technology sale to Mastercard.
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September 01, 2026
Ireland wants to create accounts for Irish retail investors with a flat-rate tax on the account value above an exempted threshold, which would simplify the investment tax system compared to current rules, the government said.
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September 01, 2026
A financial crime specialist has failed to persuade an employment tribunal that Santander's decision to make her redundant while she was on maternity leave was tainted by discrimination.
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September 01, 2026
A shipping businessman accused of evading U.S. sanctions to buy vessels for a multibillion-dollar Iranian oil network defeated prosecutors' bid Tuesday to overturn a London judge's decision granting him bail while he fights extradition on fraud charges.
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September 01, 2026
Telecommunications giant Vodafone said Tuesday that French lender Société Générale SA has agreed to acquire a 50% stake in its German fiber network joint venture OXG Glasfaser Beteiligungs-GmbH.
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September 01, 2026
Policymakers should focus on implementing current reforms to the £400 billion ($541 billion) Local Government Pension Scheme and not "structural upheaval" of a plan that is working successfully, a trade body said Tuesday.
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September 01, 2026
The London Stock Exchange said Tuesday that it plans to allow investors to trade tokenized shares of existing listed companies continuously from Monday to Friday in order to take advantage of the boom in digital assets.
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September 01, 2026
A global stability standards setter has warned major economies that frontier artificial intelligence models pose the most immediate AI-related threat to the financial system.
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September 01, 2026
The government has announced a series of measures designed to strengthen sanctions enforcement, including a doubling of the maximum penalty available to the Office for Financial Sanctions Implementation for breaches.
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September 01, 2026
A man has been sentenced to three years and eight months in prison after he was convicted of using sophisticated technology to send fraudulent text messages directly to members of the public, City of London Police said Tuesday.
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September 01, 2026
Engineering firm Wood Group has secured the retirement benefits for all 16,400 members of its pension plan with a £1.65 billion ($2.23 billion) buy-in, consultancy Lane Clark Peacock said Tuesday.
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September 01, 2026
Risks linked to the projected $3 trillion financial investment in data centers over the coming years cannot be absorbed through traditional insurance capacity and will require a range of insurance-linked securities, a ratings agency said Tuesday.