/financial-services-uk?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Financial Services UK Copyright 2025 ÃÛÌÒÊÓƵ. en-US Wed, 03 Sep 2025 13:53:33 +0000 /financial-services-uk/articles/2383447?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2383447 Eversheds Sutherland said Wednesday that it has hired three new partners from A&O Shearman, Latham and discount retailer Poundland, strengthening its corporate and commercial practices. Wed, 03 Sep 2025 13:52:17 +0000 /financial-services-uk/articles/2383462?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2383462 Aon announced Wednesday it has agreed to sell various business units that make up the majority of NFP's wealth management operations to private equity firm Madison Dearborn Partners in a transaction worth $2.7 billion, with Skadden, Dentons, Paul Weiss and Kirkland representing the parties. Wed, 03 Sep 2025 13:19:39 +0000 /financial-services-uk/articles/2383420?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2383420 The U.K.'s charity regulator said on Wednesday that it has launched an inquiry into a food bank in Merseyside over allegations of misuse of funds after a major donor stopped donations. Wed, 03 Sep 2025 12:51:12 +0000 /financial-services-uk/articles/2383441?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2383441 The U.K. government will announce its autumn budget in November, Chancellor of the Exchequer Rachel Reeves said Wednesday amid growing speculation that the government will raise taxes to cover the rising cost of borrowing. Wed, 03 Sep 2025 12:17:55 +0000 /financial-services-uk/articles/2383432?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2383432 Investors seeking to enforce a fraud judgment against the founders of an AI-driven exercise bike company suffered a setback Wednesday, when a London judge declined to finalize interim debt orders against the founders' pensions. Wed, 03 Sep 2025 11:36:41 +0000 /financial-services-uk/articles/2383451?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2383451  A trade body for European financial institutions has called for widespread reform of rules on capital, ring-fencing and crisis resolution for banks, steps it claims would boost competitiveness and industry consolidation. Wed, 03 Sep 2025 11:33:52 +0000 /financial-services-uk/articles/2383449?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2383449 An English council on Wednesday lost its bid to wind up a failed Luxembourg-based fund to recover a £20 million ($27 million) pension investment, with a London appeals court ruling the entity was not a company for the purposes of insolvency legislation. Wed, 03 Sep 2025 11:17:13 +0000 /financial-services-uk/articles/2383437?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2383437 Insurance giant Aviva said Wednesday it prevented over £60 million ($80.6 million) worth of fraudulent claims in the first six months of the year. Wed, 03 Sep 2025 10:22:01 +0000 /financial-services-uk/articles/2379861?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2379861 A recent proposal to streamline implementation of the EU’s Taxonomy Regulation contains measures that would reduce companies’ sustainable investment reporting and compliance requirements, and better support the EU’s climate and environmental goals, say lawyers at Proskauer. Wed, 03 Sep 2025 09:59:51 +0000 /financial-services-uk/articles/2383402?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2383402 Global financial services company Aegon said on Wednesday that it has lowered its stake in Dutch insurer ASR Nederland NV by selling its shares and has raised €700 million ($815 million) in the process. Wed, 03 Sep 2025 08:00:55 +0000 /financial-services-uk/articles/2383444?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2383444 Australia has fined the local subsidiary of Revolut 187,800 Australian dollars ($123,000) after the British financial technology company breached the country's anti-money laundering rules when it submitted late reports. Tue, 02 Sep 2025 15:11:17 +0000 /financial-services-uk/articles/2382946?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2382946 Swedish financial technology startup Klarna, advised by Davis Polk & Wardwell LLP, announced Tuesday the buy-now, pay-later business is resuming its initial public offering plans, months after those plans were paused amid backlash to U.S. President Donald Trump's "Liberation Day" tariffs announcement in April, saying the company is looking to raise up to $1.27 billion. Tue, 02 Sep 2025 13:25:17 +0000 /financial-services-uk/articles/2381047?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2381047 The liquidators of a hotel company are asking the High Court to find that property mogul Andrew Ruhan has concocted a "secret relationship" with a junior employee to put his assets out of reach of creditors. Tue, 02 Sep 2025 13:18:11 +0000 /financial-services-uk/articles/2382835?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2382835 Goldman Sachs sought on Tuesday to reduce a former compliance manager's payout after it unfairly dismissed him while he was on paternity leave, arguing at a London employment tribunal that it might have dismissed him in any event.  Tue, 02 Sep 2025 12:54:34 +0000 /financial-services-uk/articles/2382824?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2382824 The Financial Conduct Authority warned a parliamentary committee Tuesday that the government's Pensions Schemes Bill requires secondary legislation to clarify how trustees can safely refuse any government direction on how to invest funds in the private economy. Tue, 02 Sep 2025 11:53:35 +0000 /financial-services-uk/articles/2382784?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2382784 The government has floated new rules for pension funds that experts say could offer a way out of the legal limbo they've faced since a landmark court judgment more than a year ago. Tue, 02 Sep 2025 11:52:14 +0000 /financial-services-uk/articles/2382787?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2382787 Online marketplace owner Swiss Marketplace Group AG said on Tuesday that it is planning to float its existing shares on the SIX stock exchange of Switzerland in an initial public offering. Tue, 02 Sep 2025 11:24:17 +0000 /financial-services-uk/articles/2379962?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2379962 The owner of a portfolio of professional football clubs told a London court he wasn't obliged to pay $93.6 million for an investment vehicle's stake in his company, arguing that it failed to provide documents needed for the transaction. Tue, 02 Sep 2025 10:26:19 +0000 /financial-services-uk/articles/2382718?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2382718 U.S. payments company Blackhawk Network Inc. has been denied a U.K. patent for a method of buying non-fungible tokens using a scannable code, after officials found that the system does not prevent fraud as the business had claimed. Tue, 02 Sep 2025 09:02:47 +0000 /financial-services-uk/articles/2382793?utm_source=rss&utm_medium=rss&utm_campaign=section /financial-services-uk/articles/2382793 Retail bank Shawbrook Group PLC said on Tuesday that it will acquire ThinCats, a lender to small and midsized companies, to help to deliver "a highly attractive return on invested capital."