Gina Rinehart's Hancock Prospecting loses landmark court case, ordered to pay Wright Prospecting 50% of past and future royalties from Hope Downs iron ore project worth hundreds of millions.
John Hancock, son of mining magnate Gina Rinehart, has called for family unity following a Western Australian supreme court ruling that left ownership disputes unresolved but highlighted a 49% inheritance claim.
Western Australia's Supreme Court has ruled Hancock Prospecting owes hundreds of millions in royalties to Wright Prospecting in a 15-year mining dispute over Pilbara tenements.
Gina Rinehart's Hancock Prospecting loses landmark court case, forced to pay Wright Prospecting half of royalties from Hope Downs iron ore project, worth hundreds of millions.
A 15-year legal feud ends with Gina Rinehart ordered to share royalties from her iron ore empire, raising questions about family reconciliation and her future as Australia's richest person.
Standard Life has purchased Aegon UK for £2 billion, creating a retirement savings leader with nearly 16 million customers and £480 billion in assets under administration.
Kuwaiti investor Abdulla Al-Humaidi's £3.5bn 'Dartford Disneyland' project collapses, leaving creditors chasing assets amid bankruptcy proceedings and court battles over transparency.
Nationwide Building Society has been crowned Britain's best bank, raising questions about CEO Debbie Crosbie's controversial leadership, aggressive dealmaking, and whether her success comes at the cost of traditional mutual values.
The head of MHA, a UK accountancy network, calls for increased IPOs among accounting firms to boost growth and competitiveness in the financial sector.
Citigroup is aggressively contesting jurisdiction in a sexual harassment lawsuit against executive Andy Sieg, seeking to transfer the case from New York to potentially more favorable legal venues.
A French court fines Lafarge over €1m and jails ex-CEO Bruno Lafont for paying nearly €5.6m to Islamic State and other terror groups to keep its Syria plant operational during the civil war.
Australia's richest person, Gina Rinehart, awaits a court ruling on whether she must share royalties from Hancock Prospecting's lucrative iron ore projects with rival heirs and family members.
Kevin Warsh, Donald Trump's nominee to lead the Federal Reserve, has filed financial disclosures showing assets exceeding $100 million, including major investments and consulting fees, as his Senate confirmation faces delays and political hurdles.
Hui Ka Yan, founder of the collapsed property giant Evergrande, has pleaded guilty to fraud and other charges in a Shenzhen court, marking a dramatic fall for China's once-richest man.
JP Morgan reports $16.5 billion Q1 net income, up 13%, driven by investment banking boom. CEO Jamie Dimon cautions about geopolitical tensions and economic uncertainties despite strong performance.
JPMorgan's dealmakers and traders exceeded market expectations with strong first-quarter gains, fueled by a 28% rise in investment banking fees to $2.9bn.
HSBC's leading investment banker overseeing Europe and the Americas is set to leave the bank, marking a significant shift in its senior leadership and global strategy.
BlackRock reports a 46% surge in profit, driven by record quarterly inflows of $110 billion, marking its strongest performance in five years amid market volatility.
Bloomberg Intelligence warns Barclays and Deutsche Bank are most exposed to private credit losses, with potential €12.6bn hit to European banks' profits. Jamie Dimon raises transparency concerns.
Imperial Brands is banking on next-generation products like vapes and heated tobacco to drive growth as traditional cigarette sales decline and ethical concerns deter investors from tobacco stocks.
Wall Street bankers have reclaimed the lead in bonus payments, with average awards reaching $154,344 in 2025, while City of London bonuses grew at a slower 3.5% rate. Industry-wide bonus growth fell short of bullish expectations despite record banking pro
ING has recruited a senior Barclays executive to head its EMEA emerging markets credit trading division, aiming to strengthen its market position and expertise in high-growth regions.
MHA CEO Rakesh Shaunak discusses the firm's IPO journey, market volatility, and why private equity rivals are struggling while MHA remains well-positioned for growth.
A new Gallup report finds senior leaders report highest engagement but also highest stress and loneliness, highlighting structural issues in leadership roles.
A conwoman who sold fake VIP Oasis tickets to pay council tax debts has been fined just £40 after defrauding 11 superfans out of £4,000 for the band's reunion tour.
The London Stock Exchange Group has appointed Omkar as Head of Global Sponsors and Institutional Investors, a key role in its corporate strategy and market expansion efforts.
Made in Chelsea star Binky Felstead faces criticism as multiple businesses accuse her team of requesting free services for her wedding in exchange for social media exposure, sparking debate about influencer ethics.
Rosie Slater exploited connections to sell counterfeit Oasis concert tickets, defrauding 11 people of £4,000. She received a community order and fines.
Goldman Sachs reports a 48% increase in deal fees, driven by a global M&A boom, as the investment bank capitalizes on surging corporate transactions and market volatility.
Saba Capital, led by Boaz Weinstein, has won a crucial shareholder vote against Edinburgh Worldwide Investment Trust, accusing its board of poor performance and disconnect from investors.