Marsh has reached settlement in a claim of almost $143 million with investment firm White Oak, which had alleged that the insurance broker misled it when selling cover for investments in Greensill Capital, a financing firm that collapsed in 2021.
Marsh has reached settlement in a claim of almost $143 million with investment firm White Oak, which had alleged that the insurance broker misled it when selling cover for investments in Greensill Capital, a financing firm that collapsed in 2021.
The Financial Conduct Authority proposed on Thursday to introduce a simpler process for companies to report complaints that will improve its ability to detect harm for consumers.
Retail giant Marks & Spencer has said it expects the cyberattack hit it took in April to cost it around £300 million ($402 million), with disruption likely to continue to online retail until July.
NMC Health "frustrated and obstructed" EY's ability to detect widespread fraud at the healthcare chain, lawyers for the Big Four firm said in its defense against a £2 billion ($2.7 billion) High Court claim Thursday.
Telecoms magnate and Conservative Party donor Mohamed Amersi urged a London judge Thursday to throw out part of the BBC's defense over what he asserts are the corporation's "baseless factual assertions," in the latest stage of his high-profile libel claim.
The retirement savings watchdog has said that it will quiz pension funds over which assets are likely to be attractive, as part of a government strategy to encourage more investment in the national economy.
Only 68% of savers who have transferred money from a defined benefit to a defined contribution scheme in the last four years are happy with their choice, analysis published Thursday shows.
Royal London said Thursday that it has agreed to buy infrastructure asset manager Dalmore Capital as the mutual insurance and investment firm seeks to broaden its business.
Impax Asset Management Group PLC kicked off a share repurchase program worth up to £10 million ($13 million) on Thursday, a move the company said signals confidence in its future success.
Freeths has hired James Dean, a pensions specialist from Simmons & Simmons LLP, to lead the growth and development of the firm's national pensions practice.
