The Financial Conduct Authority found that Dave King had acted in concert with others to gather a level of shareholding which should have required him, as the Scottish Herald notes, to launch a full bid for the club.
Renowned anti-Apartheid activist, Lord Peter Hain, drove a very deep nail into the Zupta coffin in the UK’s House of Lords in November.
U.K. regulators fined Barclays Bank Plc, Britain’s second-biggest bank, a record 37.7 million pounds ($62 million) for failing to properly protect client assets. The Financial Conduct Authority said Tuesday that the penalty was the largest ever for such violations and reflected significant weakness in the systems and controls at Barclays’ investment banking division between November … Read more
Where do we draw the line when it comes to consumer protection? If something sounds too good to be true, that is generally the case. An offer to drive a new car for R699 has to be questioned, if a bank offers an existing indebted client more cash, whose fault is it if they cannot … Read more