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United Kingdom

Kirstin Ridley

Burford brings in caretaker CFO in governance overhaul

15 Aug 2019

Burford Capital , the litigation funder embroiled in a stand-off with short-seller Muddy Waters, on Thursday confirmed plans for a dual U.S. listing as it replaced its finance chief over investor concerns about her marriage to the CEO.

Barclays, JP Morgan among banks facing UK class action over forex-rigging

29 Jul 2019

LONDON Barclays , JP Morgan , RBS , UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market, in a test of U.S.-style class actions in Britain. | Video

Barclays, JPM, others face UK class action over currency-rigging

29 Jul 2019

* Banks have previously paid out $11bn in fines for FX rigging

Unaoil's former Iraq partner pleads guilty to bribery

19 Jul 2019

LONDON The former partner in Iraq for Unaoil, a Monaco-based oil and gas consultancy, has pleaded guilty to five counts of bribery in the first conviction in a three-year criminal investigation by Britain's Serious Fraud Office (SFO).

London jury acquits three Sarclad staff despite corporate plea deal

16 Jul 2019

LONDON Three former employees of Sarclad, a British technology business that supplies the metals industry, were acquitted of bribery charges on Tuesday, although the company had accepted it failed to prevent corrupt payments over an eight-year period.

Former Deutsche Bank manager acquitted in London Euribor rigging trial

04 Jul 2019

LONDON A former Deutsche Bank managing director, who was extradited from Italy to face criminal charges that he helped to manipulate global Euribor interest rates, has been cleared by a London jury.

Deloitte, partner fined over Serco Geografix audit failures

04 Jul 2019

LONDON Deloitte and a senior partner have been fined and severely reprimanded for misconduct over the audit of Serco Geografix (SGL), an outsourcer that on Thursday formally settled a six-year criminal investigation into fraud and false accounting.

Serco to pay $24 million fine over electronic tagging scandal

03 Jul 2019

LONDON A division of Britain's Serco is close to securing a deal under which it will pay a 19.2 million pound fine that looks to draw a line under a long-running scandal over how it billed for electronic tagging contracts.

Ex UBS compliance officer jailed for insider dealing

28 Jun 2019

LONDON A London judge on Thursday sentenced both a former UBS compliance officer and her day-trader friend to three years in jail after they were convicted by a jury of insider dealing, saying she hoped to deter others from such market abuse.

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