Ruling

Genworth Expects to Accumulate $750 Million on UK PPI Courtroom Ruling

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[ad_1] Genworth Monetary Inc. expects to obtain about $750 million after a UK court docket discovered Banco Santander SA responsible for losses it suffered in relation to the mis-selling of fee safety insurance coverage insurance policies earlier than 2005. The insurance policies had been bought by GE Capital Financial institution, which the Spanish lender acquired … Read more

Private Credit CEO Facing Lifetime Trading Ban Appeals Ruling

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[ad_1] (Bloomberg) — The former chief executive officer of Bridging Finance Inc. is appealing a decision from Canada’s top capital markets regulator that found he committed fraud and barred him permanently from trading. David Sharpe — part of a husband and wife duo that ran the Toronto private lender before it went into receivership in … Read more