Global consultancy giant Deloitte has launched legal proceedings against three prominent Asian partners, including a senior Chinese executive, over allegations of orchestrating a mass defection whilst attempting to misappropriate confidential
Financial65- Page
1218Articles
Dramatic findings from a recent international study suggest the Arctic Ocean may experience its first ice-free day before 2030, significantly earlier than previous forecasts indicated. This revelation comes amidst observations
Leading social mobility organisations have called upon UK financial regulators to mandate reporting of employees’ socio-economic backgrounds in a bid to shatter the persistent ‘class ceiling’ within the financial services
Britain’s largest wealth manager, St James’s Place (SJP), has made the decisive move to terminate its annual extravagant staff gatherings in London and the prestigious spring sports retreat at Scotland’s
EMV Capital (AIM:EMVC) has successfully completed an oversubscribed £1.5 million fundraising round at a 15% premium to market price, demonstrating robust shareholder confidence despite challenging market conditions. The deep-tech and
Shareholders in the embattled property firm Home Reit have received a lifeline from distressed asset specialist Southey Capital, which has launched a bid valuing the company at £32 million. The
Insurance losses from natural catastrophes are projected to exceed £135 billion in 2024, marking the fifth consecutive year losses have surpassed the £100 billion threshold. The staggering figures have prompted
The UK’s pension protection safety net has dramatically revised its funding level estimates for defined benefit pension schemes, slashing £283 billion from previous calculations whilst maintaining the schemes retain a
British insurance powerhouse Aviva has intensified its pursuit of Direct Line, raising its takeover offer to £3.4 billion in a strategic move that could reshape the UK insurance landscape. The
The chief executive of Lloyds Bank has warned that a recent legal ruling concerning car financing agreements has created significant investment uncertainty within the consumer finance sector. Charlie Nunn expressed
In a landmark move that reshapes the private credit landscape, BlackRock, the world’s largest asset manager, has struck a deal to acquire HPS Investment Partners for £9.5 billion ($12 billion),
Major creditors of Thames Water have issued a firm directive to Britain’s water regulator, stating that a proposed £3bn emergency loan cannot be used to settle outstanding fines. The UK’s
A significant shake-up in the UK’s smart meter industry is underway as private equity group EQT and Singapore’s sovereign wealth fund GIC prepare to acquire Calisen in a deal valued
A London-listed gold miner, backed by prominent financier Nick Candy, has launched a significant bid for its rival amid a surge in gold prices reaching historic highs this year. Metals
France’s government teeters on the edge of collapse as Prime Minister Michel Barnier challenges parliament over contentious tax and spending plans. The political drama unfolding in Paris has sent shockwaves
Britain’s EY is preparing to slash 150 senior consulting positions as the professional services giant grapples with declining demand for advisory services. The cuts will primarily impact the firm’s consulting