Financial sector

Accountancy

China gives PwC record £47m fine and six-month ban over Evergrande

The China arm of the accountancy firm PwC has been banned for six months and fined a record 441m yuan (£47m) over its audit of the collapsed property developer...
Accountancy

China gives PwC £47m fine and six-month ban over Evergrande

The China arm of the accountancy firm PwC has been banned for six months and fined a total...
Banking

Revolut founder sells shares ‘worth up to $300m’ in fintech company

The founder of Revolut, one of the most valuable technology companies in Europe, has reportedly sold shares worth...
Banking

Mandelson-backed Bank of London reveals £42m in fresh funding days after winding-up order

The Bank of London, the fledgling clearing bank backed by the Labour grandee Lord Mandelson, has announced it...
Banking

‘I couldn’t sleep’: victims of UK fraud epidemic tell their story

“I couldn’t sleep. I was waking constantly thinking about it,” says Stephen of the trauma he felt after...

Why is the UK slashing the maximum banks must refund to fraud victims?

Banking Trustnews Trustnews -
Consumer groups have attacked a regulator’s decision to slash the planned maximum amount that banks will have to refund to UK fraud victims from...

‘I was frustrated’: The woman who told Labour it didn’t need to spend £28bn on green investment

Banking Trustnews Trustnews -
At the start of this year, among the snowy Swiss slopes of the Davos business get-together, Rhian-Mari Thomas was ready to make an elevator...

How a new, single form helps ease the trauma of debt for UK victims of economic abuse

Banks and building societies Trustnews Trustnews -
Victims of economic abuse should find it easier to get help dealing with their creditors, as 25 banks and building societies have committed to...

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