Santander hit by data breach affecting customers and staff May 14, 2024 Spanish bank Santander has said data managed by an external party was recently accessed without permission, affecting some of its clients and all of its current staff.
Every little helps: Tesco chief’s pay more than doubles to nearly £10m May 14, 2024 The pay of the chief executive of Britain's largest supermarket, Tesco, more than doubled to nearly £10m last year, it has been revealed.
Elizabeth Line shines as it carries a record number of passengers May 14, 2024 A record number of City commuters are using the Elizabeth Line, new data shows, despite concerns about a recent downturn in performance.
Government rejects bid to ban NDAs in all harassment cases after sexism in the City probe May 14, 2024 The government has refused a recommendation from an influential group of MPs to ban the use of non-disclosure agreements (NDAs) in all harassment cases, following its probe into sexism in the financial services sector.
Credit Suisse-UBS merger: Withers preps Hong Kong arbitration claim against Switzerland May 14, 2024 Law firm Withers is prepping an international arbitration against the Swiss government for its role in the merger of Credit Suisse and UBS
JP Morgan in English legal battle with its European joint venture Viva Wallet May 14, 2024 JP Morgan and the majority owner of Greek payments firm Viva Wallet are battling each other at a court this week over the valuation of its joint venture.
Klarna lawyers drafting contracts with ChatGPT and 9 in 10 staff using AI everyday May 14, 2024 But the adoption of AI at Klarna has impacted its hiring strategy. The firm recently said that AI was doing the job of 700 full-time workers.
Gamestop’s last gasp: A joke that has gone on too long May 14, 2024 Gamestop bounced back into the headlines yesterday, with the meme stock's price more than doubling within an hour of the market opening.
AI washing: How companies are using AI hype to bump up their share prices May 14, 2024 Overplaying claims about artificial intelligence in the hope of creating a 'halo effect' around their company and boosting their stock price is a new fad, spanning across a variety of sectors.
Chinese ambassador summoned after three charged with ‘assisting a foreign intelligence service’ related to Hong Kong May 14, 2024 In a statement, the police said it was not related to a recent counter-terror operation linked to the Kremlin.