Epstein Files: Package Sent to HSBC's Douglas Flint
Newly released Epstein documents show former HSBC chairman Douglas Flint received a mystery package from Jeffrey Epstein in early 2000s while finance director at the bank.
Category : Corporate
UBS Promotes 155 to Managing Director Roles
UBS has announced the promotion of 155 employees to managing director positions globally, with London emerging as a key hub for the new appointments.
Dymon Asia to Double Dubai Headcount in Expansion
Singapore-based private equity firm Dymon Asia Capital announces plans to significantly expand its Dubai office, aiming to double its workforce as part of a strategic growth initiative in the Middle East.
Stellantis €22bn Charge After EV Market Misjudgment
Stellantis announces a €22bn charge and cancels projects like the Ram 1500 BEV, citing overestimation of electric vehicle adoption and poor operational execution.
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TSB Profits Soar Before Santander Acquisition
High street bank TSB reports significant profit growth of 20.7% to £350.4m in 2025, driven by rising income and cost reductions ahead of its £2.6bn takeover by Santander.
SocGen Dealmaking Fees Up 5% as Trading Unit Slips
Société Générale reports a 5% increase in investment banking fees, driven by strong M&A and equity capital markets, while its trading unit faces a downturn in Q1 2024.
Colorado Funeral Home Scam: Owners Sentenced
The owners of a Colorado funeral home have been sentenced for illegally selling body parts in a shocking scam that exploited grieving families for profit.
Epstein Planned Majority Stake in Ferguson Brand
Newly released US Justice Department emails reveal Jeffrey Epstein's plan to own 51% of Sarah Ferguson's Mothers Army brand after his child sex conviction, detailing their business relationship.
Jes Staley Rape Claims in Epstein Documents Revealed
Newly unsealed US court files allege former Barclays CEO Jes Staley raped a woman during a massage at Jeffrey Epstein's home, with prosecutors reviewing claims of sexual misconduct.
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Rio Tinto and Glencore End £260bn Merger Talks
Mining giants Rio Tinto and Glencore have officially abandoned their proposed £260 billion merger, citing regulatory hurdles and strategic differences.
Glencore Shares Slide After Rio Tinto Merger Fails
Glencore shares tumbled 8% after merger talks with Rio Tinto collapsed over valuation disagreements and executive role disputes, marking another failed attempt to unite the mining giants.
Major Firms Launch Social Value Commission to Boost Local Investment
Leading UK companies including Barratt Redrow, Heathrow Airport and Mitie have formed the Social Value Commission to tackle barriers to community investment and have written to Chancellor Rachel Reeves seeking Treasury support.
Mandelson Emailed Epstein for BP and Glencore Jobs After 2010 Loss
Emails reveal Peter Mandelson sought Jeffrey Epstein's advice for highly paid roles at Glencore and BP days after Labour's 2010 election defeat, showing the revolving door between politics and business.
Business Elites Fail to Stand Up for Minnesota
As federal agents clash with Minnesotans, corporate leaders remain silent, revealing a dangerous culture of conformism that threatens American democracy.
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Jeffrey Epstein's Fortune: Where It Came From and Went
An investigation into how Jeffrey Epstein amassed his $550 million wealth through Wall Street connections and what happened to his fortune after his death, including victim settlements and estate distribution.
Black Castle Capital Wins UK Venture Capital Award
London-based consultancy Black Castle Capital Partners has been honoured with the Global 100 2026 award for Best Venture Capital & Private Equity Business of the Year in the UK.
Vodafone CEO: No Retail Redundancies After Three Merger
Vodafone's CEO Margherita Della Valle pledges no forced redundancies for retail staff following the Three merger, despite planned store closures and £700m synergy targets.
JPMorgan's Ina De Retires After 40 Years
Ina De, a senior executive at JPMorgan, has retired from the bank following a career spanning almost 40 years, marking a significant transition in the firm's leadership.
Shell's Debt Hits Record High as Payouts Surge
Shell has increased its multibillion-pound debt pile to unprecedented levels while simultaneously delivering record shareholder payouts, raising concerns about financial sustainability amid volatile oil prices.
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BNP Paribas Trading Up, M&A Fees Edge Down
BNP Paribas reports a slight decline in dealmaking fees for the first half of 2024, offset by a significant increase in trading revenues amid volatile market conditions.
Paul Weiss Chairman Brad Karp Resigns Over Epstein Emails
Brad Karp, chairman of law firm Paul Weiss, has resigned following revelations of his involvement in Jeffrey Epstein emails, sparking a major leadership crisis.
Brad Karp Steps Down After Epstein Files Revelations
Brad Karp, the long-serving chair of Paul Weiss, has resigned following revelations in the Jeffrey Epstein files, marking a significant leadership change at the top law firm.
Moelis Pay Costs Jump 22% as Deal Fees Hit Record High
Investment bank Moelis & Co. has seen a 22% increase in compensation expenses, driven by record-high deal fees, highlighting rising costs in the financial sector.
Nike EEOC Probe: White Employee Discrimination Claims
The US Equal Employment Opportunity Commission is investigating Nike following allegations of discrimination against white employees, raising questions about corporate diversity policies.
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UK M&A: Value Up 12%, Volume Down 12% in 2025
UK merger and acquisition activity saw deal value increase by 12% to £131bn in 2025 despite a 12% drop in volume, driven by demand for digital and energy infrastructure assets amid AI growth.
Bill Gates Regrets Epstein Ties as Melinda Addresses Marriage
Bill Gates has publicly expressed regret over his association with Jeffrey Epstein, while his ex-wife Melinda French Gates alluded to painful aspects of their marriage during a revealing interview.
Barclays and Natwest in £2bn Bidding War
Barclays and Natwest prepare competing £2bn+ bids for Evelyn Partners, as UK banks pivot toward wealth management for stable fee-based income amid falling interest rates.
Barclays and NatWest to Bid for Evelyn Partners
Barclays and NatWest are set to table formal bids for Evelyn Partners, a £2bn wealth manager, as an auction concludes this week, with both banks aiming to strengthen their wealth management divisions.
Shell CEO to Get £4.5m Pay Rise, Could Hit £19.2m
Shell's chief executive Wael Sawan is reportedly in line for a £4.5m annual pay increase, with his total remuneration potentially soaring to £19.2m under new boardroom policy.
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Shell CEO Could Get £19m Pay Package
Shell plans to increase CEO Wael Sawan's pay, with a new long-term incentive worth £13.8m potentially boosting his total package to over £19m annually.
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