Portfolio managers at BlueCrest Capital Management should be taxed as disguised employees because they don't hold wider legal responsibilities at the hedge fund, Britain's tax authority told the U.K. Supreme Court on Thursday.
Portfolio managers at BlueCrest Capital Management should be taxed as disguised employees because they don't hold wider legal responsibilities at the hedge fund, Britain's tax authority told the U.K. Supreme Court on Thursday.
The watchdog for miscarriages of justice referred the convictions of five former Barclays traders back to the Court of Appeal on Thursday after concluding that the legal errors which led the country's highest court to overturn historical Libor and Euribor prosecutions also undermined their cases.
German prosecutors confirmed on Thursday that they are investigating Deutsche Bank AG for suspected money laundering activity linked to foreign businesses.
A local council in England has agreed to a settlement in its £20 million ($28 million) claim against an investment adviser over allegedly fraudulent misrepresentations that led the now essentially bankrupt authority to invest in high-risk bonds.
Howard Kennedy LLP has successfully defeated a former client's challenge to a legal bill of almost £196,000 ($270,000) racked up in connection with Financial Conduct Authority proceedings, as a London court ruled that the man was made aware of the costs.
The former chief executive of London Capital & Finance PLC and his wife admitted on Thursday to breaching a court order imposed during an investigation into the £237 million ($326.8 million) collapse of the company, the Serious Fraud Office said.
The Financial Conduct Authority has joined forces with the sanctions policing body, law enforcement agencies and regulators in an information-sharing initiative to tackle the abuse of crypto assets and money laundering.
Growing levels of employment and qualifications among younger Black and Asian women could lead to improved pension outcomes and narrow a pension gap shaped by gender and race, Lane Clark & Peacock LLP has said.
The government's pensions dashboard project has proposed revising its reporting standards to shift from on-demand to routine daily reporting of operational data.
Lloyds said Thursday that it will return up to £1.75 billion ($2.4 billion) to its investors in a share buyback program as it reported a strong financial performance in 2025.
