Tribunal upholds UK regulator’s decision to fine Banque Havilland
Lawyers say Financial Conduct Authority has reinforced its ability to hold companies to account
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Santander agrees $12.2bn deal to buy north-east US bank Webster Financial
Spanish lender is latest European giant to make a bid for American retail banking customers
Princeton University cuts expectation for endowment returns
Move could translate to $11bn less in assets over next decade and drive budget cuts at Ivy League school
US stocks drop on fears AI will hit software and analytics groups
New Anthropic legal tool sends shares in companies including S&P Global and Intuit sliding
Odey firm’s internal probe unearthed 46 allegations against founder
Crispin Odey has brought legal challenge against FCA decision to ban and fine him
PayPal replaces chief as board warns ‘pace of change’ not fast enough
US digital payments company appoints former board chair Enrique Lores to replace Alex Chriss