Rio Tinto

27 November, 2017

Investor ire sees Sir Mick Davis’s Rio Tinto chairmanship plan shelved

Investor agitation has forced Rio Tinto to backtrack on plans to appoint Conservative Party CEO Sir Mick Davis as chairman. The Investor Forum, a group of shareholders which represents some 20% of ...
Rio Tinto

14 November, 2017

Conservative Party CEO lined up for mining return with Rio Tinto

Conservative Party chief executive Sir Mick Davis could be set for a return to the mining industry, with reports suggesting he will take over from Jan Du Plessis as Rio Tinto chairman. Sir Mick was...
Donald Brydon, London Stock Exchange

10 November, 2017

Investors head for showdown with LSE board over CEO’s departure

The board of the London Stock Exchange is this morning considering demands for an extraordinary general meeting (EGM) from shareholders angry over the resignation of chief executive Xavier Rolet. T...
Rio Tinto

19 October, 2017

Ex-Rio Tinto CEO and CFO charged with fraud over ‘inflated’ asset values

The former CEO and CFO of Rio Tinto have been charged with fraud by the US Securities and Exchange Commission (SEC), after allegedly inflating the value of its ill-fated Mozambique coal mine acquisiti...
Andrew Bailey, FCA

13 October, 2017

FCA chief: ‘Sovereign-owned’ listing rules will meet highest standards

Creating a new premium listing category to deal with sovereign-owned companies would maintain a high level of governance, while avoiding a situation in which they list on a lighter-governed platform, ...

5 October, 2017

Investigation into PwC’s client asset reporting at Barclays closes

Accountancy’s watchdog has closed a three-year investigation into Barclays’ auditor PwC, after deciding there was “not a realistic prospect” of winning a tribunal. The Financial Reporting C...
Barclays

28 July, 2017

Barclays CEO’s whistleblower hunt ‘completely inexcusable’

A former head of investigations oversight at Barclays has described the behaviour of the bank's chief executive Jes Staley towards a whistleblower as "completely inexcusable". Dino Bossi, now a fou...
Corporate crime, businessman behind bars, criminal law

10 July, 2017

Is business becoming criminalised?

Following the financial crisis of 2008, companies and their management in the UK work in a new regulatory landscape. Criminal law is increasingly used to regulate business; and prosecutors, regulators...
Jes Staley, Barclays CEO

11 April, 2017

Barclays’ CEO reprimanded over whistleblower actions

Barclays' chief executive Jes Staley has been reprimanded by the company's board after it discovered he had attempted to uncover the identity of a whistleblower within the bank. There are now inves...
IPO, IPO reform

1 March, 2017

Reforms mooted for UK IPO process

The Financial Conduct Authority (FCA) has proposed reforms to improve the timing, sequencing and quality of information in the UK's initial public offering (IPO) process. In its consultation paper...