Category : Search result: financial crash


HSBC sued over Bernie Madoff profits in major lawsuit

HSBC confronts explosive legal action alleging the banking giant knowingly profited from Bernie Madoff's notorious Ponzi scheme while ignoring clear warning signs in the largest fraud in Wall Street history.

UK Savings Crisis: Investment Scams Surge 42%

Exclusive investigation reveals British savers lost over £1.2 billion to sophisticated investment scams in the past year, with fake cryptocurrency schemes leading the devastating surge in financial fraud.

FCA Under Fire Over Soaring Consumer Complaints

The Financial Conduct Authority faces mounting criticism as consumer complaints against financial firms skyrocket, revealing serious gaps in investor protection and regulatory oversight.

Barclays downplays £20bn private credit exposure

Barclays Bank moves to reassure investors as it reveals significant stake in booming but volatile private credit sector, insisting risks are 'well managed' despite market turbulence.

Gold Price Suffers Worst Daily Crash Since 2013

Gold investors faced a bloodbath as the precious metal suffered its most dramatic collapse since 2013, with prices crashing over 5% amid shifting Federal Reserve expectations and strengthening dollar.

Stuart Gulliver: HSBC Banking Titan Dies

Explore the remarkable life and career of Stuart Gulliver, the former HSBC CEO who navigated the banking giant through global crises and regulatory challenges, leaving an indelible mark on international finance.

KPMG consultant leaked Bank of England rate data

Exclusive investigation reveals how a senior KPMG consultant improperly obtained and shared confidential Bank of England interest rate information, sparking regulatory scrutiny and raising serious questions about financial sector integrity.

AI Stock Market Crash Warning Issued by Regulators

Financial regulators sound alarm over AI-driven trading algorithms creating catastrophic market collapses. New research reveals how artificial intelligence could trigger the next financial crisis.

LendingTree CEO Doug Lebda killed in ATV crash

Doug Lebda, founder and CEO of financial giant LendingTree, dies in devastating all-terrain vehicle accident while on vacation with his family in North Carolina's Blue Ridge Mountains.

Expert Warns of Potential Stock Market Crash

Prominent financial journalist Andrew Ross Sorkin warns of potential market turbulence ahead, drawing parallels to historical economic downturns and urging investor caution.

Lloyds Bank Faces FCA Motor Finance Probe

The Financial Conduct Authority launches investigation into Lloyds Banking Group's motor finance practices, potentially impacting millions of customers and leading to significant compensation claims.

Skydiver dies in Tennessee plane crash tragedy

A routine skydiving expedition turned to tragedy when a small aircraft crashed in Tennessee, claiming the life of one skydiver who had just leapt from the doomed plane. Emergency services rushed to the devastating scene.

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