Clyde & Co fined £500,000 for breaching anti-money laundering rules January 11, 2024 London law firm Clyde & Co has been ordered to pay a £500,000 fine after it failed to comply with anti-money laundering regulations.
Former Lloyds Bank manager wrongfully dismissed for saying racist word awarded £800k January 11, 2024 A former employee of Lloyds Bank who was fired for using a racist word has been awarded almost £800,000 by the the Employment Tribunal for being wrongfully dismissed.
London-listed law firm Knights returns to organic growth as buying spree continues January 11, 2024 London-listed law firm Knights posted a return to organic growth today following a flurry of acquisitions over the last year.
EY UK boss gets another term with yet another retirement exemption January 11, 2024 EY has extended its UK boss term by another year, for yet another exemption for him of the firm’s mandatory retirement age. According to the Financial Times, Hywel Ball has had his tenure as the firm’s UK chair and UK and Ireland managing partner expanded until June 2025. Ball is 61-year-old, leading the firm to [...]
Regulator to investigate historic claims on car finance commissions January 11, 2024 "There is significant dispute between some firms and consumers on whether firms have breached legal and regulatory requirements," the FCA said.
UK economy: Another recruiter reports dramatic fee fall as hiring market clams up January 11, 2024 Recruitment firms are often seen as a bellweather for the health of the UK's labour market.
Allen & Overy paid out £2m to settle West Ham stadium dispute January 10, 2024 Magic circle law firm Allen & Overy has paid out over £2m to settle a legal dispute with the owners of West Ham's stadium.
Quinn Emanuel’s London revenue jumps to shy of £200m January 10, 2024 US law firm Quinn Emanuel's profits in the City have jumped by nearly 50 per cent over the last year, as litigation booms.
Shares in Admiral and Direct Line sink after FCA regulator takes aim at premium finance January 10, 2024 In an interview with Insurance Post, Matt Brewis, head of insurance at the Financial Conduct Authority (FCA), described premium finance as a "poor product".
Clyde & Co faces fine after admitting to anti-money laundering failures January 9, 2024 London law firm Clyde & Co looks set to pay a hefty fine after it admitted today that it failed to comply with anti-money laundering regulations.