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SocGen demands compensation from Clifford Chance over gold bullion litigation debacle

Professional Services Correspondent

Societe Generale has accused Clifford Chance of negligence over its work for the bank in a dispute over £384m-worth of gold bullion.

SocGen engaged the Magic Circle law firm in 2008 to pursue Turkish jewellery maker Goldas. The bank claimed Goldas had failed to pay for 15.725 metric tonnes of gold bullion.

SocGen accuses Clifford Chance of negligence in £384m gold bullion dispute

Societe Generale accuses Clifford Chance of negligence in £384m gold bullion dispute

SocGen demands compensation from Clifford Chance over gold bullion debacle

James Booth

Societe Generale

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Monzo appoints Mombak’s Tom Oldham as group CFO 

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Monzo appoints Mombak’s Tom Oldham as group CFO

The fintech has also appointed Barclays’ Mark Newbery as its UK CFO

Fordham’s geopolitical advisory firm enlists political heavyweights, Citi FX specialist

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The advisory firm has turned to a former senior civil servant and Conservative MP to bolster its business amid heightened geopolitical tensions

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The luxury carmaker is raising around $264 million from investors as it seeks to stabilize its balance-sheet, and has cut its full-year earnings guidance for the second time in nearly three months.

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The food-delivery group said it aims to reduce the administrative burden, complexity and costs associated with its London listing, as it joins a growing list of companies leaving the U.K. bourse.

Just Eat Takeaway to Delist From London Stock Exchange

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Kevin Hassett has been named to lead the National Economic Council, while Jamieson Greer has been selected as the U.S. trade representative.

Internal company documents describe the bank’s weak anti-money-laundering controls and failure to complete due-diligence reviews as staff expressed alarm: “We need to kill this.”

How Morgan Stanley Courted Dodgy Customers to Build a Wealth-Management Empire

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