Bill Kingdom, FCA Architect, Dies at 78
Bill Kingdom, the influential civil servant who shaped the UK's Financial Conduct Authority, has died at 78. Read about his pivotal role in financial regulation.
Category : Search result: financial settlement
San Diego $12m Settlement in Police Shooting of Konoa Wilson
San Diego agrees to a $12 million settlement with the family of Konoa Wilson, a 23-year-old fatally shot by police in 2022. The case has reignited debates over US policing and use of force.
Giuffre Family War Over 'Missing Millions' From Estate
The family of Jeffrey Epstein victim Virginia Giuffre are locked in a court fight over millions allegedly missing from her estate. Discover the details of the financial mystery.
FCA opens 'safe space' for AI testing in finance
The FCA launches its first AI live testing scheme with NatWest and Monzo. The initiative aims to ensure safe AI deployment in UK financial markets. Read the full story.
Putin: Russia 'ready now' for war with Europe
Vladimir Putin states Russia is prepared for immediate conflict with Europe, rejecting a 28-point peace plan. Experts warn Moldova and Baltic states could be next targets. Read the full analysis.
Offshore Tribunals Sue UK for Billions Over Climate Laws
Secretive offshore courts allow foreign firms to sue the UK for lost profits, threatening sovereignty and climate action. Discover the chilling effect on democracy.
Carer cancels benefits over immigration rule changes
A Ghanaian carer cancels all benefits including her autistic daughter's disability allowance amid fears new immigration rules will block her UK settlement. Read her story.
Virginia Giuffre's Estate Battle Over Unsigned Will
Virginia Giuffre's sons contest unsigned will in Western Australia Supreme Court. Estate valued at £472k+ with potential millions from Prince Andrew settlement at stake. Read the latest developments.
Court Appoints Administrator for Giuffre's Estate
An Australian court appoints an administrator for Virginia Giuffre's multi-million pound estate, allowing stalled lawsuits including the Rina Oh defamation case to proceed. Discover the latest developments.
Abu Dhabi Emerges as Global Finance Hub Through ADFW
Abu Dhabi Finance Week 2025 positions the emirate as a leading global financial centre, attracting institutions managing £32.3 trillion. Discover how ADGM's growth reshapes international finance.
FCA Executive Director Sarah Mills Resigns from Regulator
Sarah Mills, the FCA's executive director of consumers and competition, has resigned from her role. Discover the implications for UK financial regulation and what's next.
FCA Consumer Chief Sheldon Mills to Leave Watchdog
FCA executive Sheldon Mills is stepping down after eight years. He will lead a government review into AI's role in consumer financial advice. Discover the implications.
UK migrant settlement wait extended from 5 to 10 years
Home Secretary Shabana Mahmood announces sweeping immigration reforms, extending indefinite leave to remain from five to ten years for many migrants. Discover the full impact.
Sacklers Pay $7bn in Opioid Settlement After Court Ruling
A federal judge has approved a $7bn opioid settlement requiring the Sackler family to pay over 15 years. The deal directs funds to combat the US opioid crisis and provide compensation to victims.
New Orleans $230m clergy abuse settlement trial starts
Federal bankruptcy judge to decide if $230m settlement for 650 clergy abuse survivors is fair. Three-week trial begins amid parish financial concerns.
FCA Begins Private Markets Probe: Key Details
The Financial Conduct Authority has initiated a comprehensive review of private markets, examining valuation practices and liquidity concerns. Discover how this could impact UK investors.
Labour's Hardline Asylum Overhaul Inspired by Denmark
The UK government unveils radical asylum reforms limiting permanent settlement, drawing inspiration from Denmark's controversial model. Explore the political implications and legal hurdles.
LSEG Bids for UK Digital Gilt Contract
London Stock Exchange Group enters race for UK's digital gilt settlement contract, marking significant blockchain adoption in financial markets. Discover the implications.
Credit card fee 'victory' may backfire on small businesses
The Visa and Mastercard fee settlement promises lower costs, but could complicate payments and reduce rewards for UK small businesses and consumers. Discover the hidden consequences.
Judge approves $7bn Purdue Pharma opioid settlement
A US bankruptcy judge confirms a landmark $7bn settlement with OxyContin maker Purdue Pharma, requiring the Sackler family to pay victims and relinquish ownership. Explore the details of this pivotal case.
FCA expands Leeds office in major regional push
The Financial Conduct Authority is significantly expanding its Leeds presence, doubling its office space as part of its strategy to decentralise financial regulation from London.
FCA hires US and Canadian regulators for international expertise
The Financial Conduct Authority strengthens its international team with senior hires from US and Canadian regulators. Mark White and Rob Hegarty join to enhance regulatory oversight.
UK Wealth Manager Value Analysis Reveals Leaders
Comprehensive analysis of UK wealth managers reveals which firms offer the best value for investors. Discover the top performers and market outlook for 2024.
BMLL Reports £14m Loss Before Nordic Capital Acquisition
Market data firm BMLL recorded a £14.3m pre-tax loss in 2023 while securing a takeover by Nordic Capital. Discover the strategic implications for financial technology.
Trump's $1bn BBC lawsuit continues media legal battles
Donald Trump threatens BBC with $1bn lawsuit over edited speech, continuing his long history of legal actions against media organisations including CNN, ABC and CBS. Discover the pattern.
Financial Education Crisis: New Plan for London Pupils
A groundbreaking campaign aims to deliver free financial education to every Year 6 child in London, addressing the UK's broken money skills system. Join the movement for change.
Financial education could boost UK incomes by £16bn
Teaching financial literacy in schools could boost UK household incomes by £16bn annually while rebuilding trust in financial institutions among younger generations.
CVC Hires KKR's James McGlade for UK Dealmaking
Private equity giant CVC Capital Partners recruits James McGlade from rival KKR to strengthen its UK financial services investments. Discover the strategic move reshaping London's dealmaking landscape.
LSEG Trims 3,000 Engineers in Tech Revamp
London Stock Exchange Group announces 3,000 job cuts as part of digital transformation strategy. Discover how this restructuring will reshape the financial giant's future operations.
Banks set to escape tax rises in Reeves budget
Chancellor Rachel Reeves is expected to spare Britain's banking sector from tax rises in her first major Budget, despite previous Labour criticism of bank profits during the cost-of-living crisis.
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