Penalty stemmed from bank’s inability to correct problems that it had already been cited for in 2020
Implosion in 2021 sent shockwaves through US equity markets and cost Wall Street banks billions of dollars
Matthew Connolly had sought $150mn from the bank after his exoneration in rate-rigging case
Consultation by regulator finds 70% of participants favour reduction that would align with UK’s timing
Insurer known for selling straight to customers will put flagship brand on platforms for first time
Investors face a wide-ranging estimate of losses on loans to Pluralsight after demand for its training videos fell
The numbers are tilted in favour of the Wall Street vultures stumping up capital
Elizabeth McCaul says rapid growth of lightly regulated lenders could translate into ‘systemic’ threat
Plus, lawyers try to make billions after nixing Elon Musk’s $56bn pay deal
Government money will be channelled through the UK Infrastructure Bank
Analysis reveals some schemes pay up to 14 times more for the same product than rivals
Singapore’s state-owned investor ‘not in a hurry’ to invest in artificial intelligence and warns of ‘hype’ in sector
Manager says it plans to capitalise on growing European demand for the products
New private equity vehicle Rosebank Industries whose other backers include Norges and GIC will offer boost to London market
Closing arguments cap eight-week trial in which lawyers for former trader say government failed to prove its case
Plus, Blackstone’s ‘circular’ credit risk deals, active bond ETFs boom, and the Yoshida dynasty at Dulwich Picture Gallery
Private capital firms have been hunting ways into market as companies look to offload schemes
Investment revenue is expected to rise 30% over past year as lenders report earnings this week
From the green transition to the digital transformation, the requirement is enormous
‘Search funds’ involving acquisitions of companies worth about $15mn have become popular among ambitious graduates
Ronan O’Grady pleaded guilty to sexual assault in February and was sentenced in late June
Sacked ‘whistleblowers’ launch California court action against Europe’s biggest bitcoin-miner-turned-AI-datacentre-builder
Only two climate-related proposals received majority support this year, and no diversity initiative cleared 50%
Plus, SoftBank is not planning to follow Elliott’s call and a former ‘Barbarian’ hunts mid-sized deals
Chance of reconsidering its grade ‘close to zero’ as US central bank has never overturned an assessment on appeal
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