/financial-services-uk?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Financial Services UK Copyright 2025 °µÍø½ûÇø. en-US Fri, 06 Jun 2025 07:08:01 +0000 /financial-services-uk/articles/2350177?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2350177 Financial services giant AIB Group PLC revealed on Friday it has signed an agreement to sell its 49.9% holding in its payment systems business to Fiserv, Inc., a global fintech company based in the U.S. Fri, 06 Jun 2025 07:06:18 +0000 /financial-services-uk/articles/2350187?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2350187 Australian financial services giant Macquarie Group has completed its takeover of Dutch waste management business Renewi PLC in a deal worth approximately £700 million ($949 million), the companies said on Friday. Thu, 05 Jun 2025 19:00:29 +0000 /financial-services-uk/articles/2349679?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349679 A group of influential MPs said Friday that they have written to Meta asking the Facebook-owner to explain its tardy responses to requests by the City watchdog for the removal of harmful content from financial influencers appearing on its platforms. Thu, 05 Jun 2025 16:07:30 +0000 /financial-services-uk/articles/2346174?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2346174 Regulated businesses can learn from the missteps of a recently convicted London art dealer, who failed to disclose sales to a suspected Hezbollah financier, by implementing compliance measures like anti-terrorism financing screenings as robust as their anti-money laundering policies and training staff to spot red flags, say lawyers at White & Case. Thu, 05 Jun 2025 14:24:55 +0000 /financial-services-uk/articles/2349662?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349662 The total value of U.K. pensions grew by 11% in 2024 to £3.2 trillion ($4.3 trillion), the Pensions Policy Institute has said, noting a movement to private market investment in a "period of transition" in Britain. Thu, 05 Jun 2025 14:19:31 +0000 /financial-services-uk/articles/2349683?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349683 A London judge said Thursday that a trading services company must go to trial to prove that its former general counsel misused confidential information, citing a possibility that the business abused the lawyer-client relationship. Thu, 05 Jun 2025 11:51:38 +0000 /financial-services-uk/articles/2349657?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349657 Greensill Capital coordinated with SoftBank to enter into "improper" transactions which caused Credit Suisse investors to lose $440 million in debt, a lawyer for a sub-fund for the collapsed Swiss bank told the first day of trial Thursday. Thu, 05 Jun 2025 10:48:19 +0000 /financial-services-uk/articles/2349689?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349689 Payments company Wise PLC said on Thursday it is planning to move its main listing from London to the U.S., becoming the latest British company to shift its main funding focus across the Atlantic. Thu, 05 Jun 2025 10:27:46 +0000 /financial-services-uk/articles/2349658?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349658 Imprisoned oligarch Ziyavudin Magomedov cannot challenge a decision to dismiss his $14 billion claim against Transneft, Rostatom, a private equity firm and other entities over an alleged Russian state-led conspiracy to strip his assets in two major port operators, a London appeals court has ordered. Thu, 05 Jun 2025 10:06:23 +0000 /financial-services-uk/articles/2349625?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349625 The City watchdog highlighted on Thursday tensions underlying its potential future motor finance consumer redress program, warning that payouts estimated by some law firms and claims management companies were "highly speculative." Thu, 05 Jun 2025 09:18:04 +0000 /financial-services-uk/articles/2349619?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349619 The government has unveiled a raft of pension reforms that it said will dramatically boost the savings of millions of British workers. Thu, 05 Jun 2025 08:59:50 +0000 /financial-services-uk/articles/2349636?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349636 The financial disputes body has proposed lowering the interest rate it applies to compensation awarded to people who have lost money as it pushes to modernize redress in the U.K.  Thu, 05 Jun 2025 08:57:26 +0000 /financial-services-uk/articles/2349659?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349659 JPMorgan won its fight on Thursday to block VTB Bank from bringing a $156 million case in Russia over frozen funds, as a London court ruled that the Russian lender's claims were "vexatious and oppressive." Thu, 05 Jun 2025 07:06:43 +0000 /financial-services-uk/articles/2349629?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349629 A court in Jersey has given its nod to the owner of the Bermuda Stock Exchange for the takeover of The International Stock Exchange Group in a deal worth approximately £70.4 million ($96 million), the companies said Thursday. Wed, 04 Jun 2025 15:25:46 +0000 /financial-services-uk/articles/2348591?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2348591 A British unit of Russian state-owned VTB Bank has beaten claims in a London court that it was part of a Kremlin-approved corporate raid, with a judge ruling that a steel businessman's evidence against the lender was "the thinnest possible gruel." Wed, 04 Jun 2025 14:26:16 +0000 /financial-services-uk/articles/2349077?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349077 Most defined benefit pension plans are either actively considering or already planning to use their retirement plan surplus amid government rule changes, according to consultancy Lane Clark & Peacock. Wed, 04 Jun 2025 14:23:32 +0000 /financial-services-uk/articles/2349078?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349078 Mexican billionaire Ricardo Salinas Pliego on Wednesday told a London appeals court Wednesday that a man who allegedly defrauded him out of more than $415 million was "grasping at straws" in an attempt to escape an asset-freezing order.  Wed, 04 Jun 2025 14:00:28 +0000 /financial-services-uk/articles/2349135?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349135 A decision by the U.K. Supreme Court on Wednesday could substantially increase the liability on mortgage lenders to undertake checks on their customers, raising implications for repossessions in a move that is likely to require new rules from the Financial Conduct Authority, according to lawyers. Wed, 04 Jun 2025 11:55:18 +0000 /financial-services-uk/articles/2348616?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2348616 Knight Frank LLP has failed to convince a London court to toss a Home REIT sister fund's allegedly "speculative" claims of procuring breach of contract, unlawful means conspiracy and negligence over the global real estate consultancy's property valuation services. Wed, 04 Jun 2025 11:28:32 +0000 /financial-services-uk/articles/2349070?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2349070 A former hedge fund analyst did not share confidential information on companies with his sister, his defense counsel told jurors at a London criminal trial on Wednesday, saying she probably traded on market-sensitive information that she heard him discussing on work calls.