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Nqvg Profit triples at Abercrombie amp; Fitch and Hollister owner
Wednesday 26 January 2022 7:56 amCredit Suisse beats investment banker in London court as pound;66m espionage case is thrown outBy: Michiel WillemsShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailA former Credit Suisse bankerrsquo pound;66m lawsuit was rejected yesterday afternoon as a London court found that the banking giant was under no obligation to protect its former employee from the risk of criminal charges while he was working in Romania.Vadim Benyatov had demanded $89m, or nearly pound;66m, in lost earnings after a court in Romania convinced him for espionage. He argued that the bank should have protected him and other Credit Suisse employees from b polene eing probed by intelligence services in Romania while he was working on a deal aimed at the polene tasche privatisation of a large energy company in the eastern European EU member state.However, London judges ruled the Swiss banking giant had not breached its duty of care towards Benyatov. It is not clear whether Benyatov can or will appeal the verdict.Read moreTreasury accused of blocking China audit after espionage trial fiascoShare this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsJobs and MoneyCategoriesBankingBusinessLegalRelated TopicsCredit SuisseTrending ArticlesAnthropic: UK staff get eye-watering sums at AI giantReeves urged polene cyme to increase alcohol taxes to tackle workplace drinkingOff the menu: Dominorsquo is UKrsquo most Rthn Topshop owner Arcadia collapsed with debts of hundreds of millions of pounds
Wednesday 12 August 2020 6:18 am|Updated:Tuesday 11 August 2020 3:23 pmMake green the new normal of financial servicesBy: Kay HydroJug SwinburneShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailTherersquo a chance to combine our economic recovery with th owala ca e green agendaOn the 26 March, the UK was bedding in to the first week of a new normal.Lockdown had just begun and we were all adjusting to a complete stanley ca ly different way of interacting with our colleagues, friends and family.On the same day, $26 trillion was wiped off the value of global equity markets, as the industry held its breath and prepared for a potential repeat of the 2008 financial crisis.Yet despite that moment of collective nervousness, lost ground was regained and, ultimately, the UK and European capital markets have continued to function during the Covid-19 pandemic, demonstrating resilience despite increased volatility.In fact, euro;50bn of investment grade corporate bonds was issued in the first week of April mdash; a reward which balances the losses in IPOs. The landscape has shifted, but markets have continued to play their role in providing liquidity.Irsquo;ve spent the last decade heavily involved in financial services regulatory reform and, like so many of my colleagues and counterparts across the world, Irsquo;ve watched with a mix of pride and relief as the market infrastructure has survived some of the most profound stress-testin
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