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Leigh Day has become the first to kick start proceedings on behalf of an initial group of 100 investors in Woodford Equity Income

Asset Management Correspondent

A law firm representing more than 11,000 investors in Neil Woodford's former flagship investment fund has begun court proceedings against the administrator overseeing what was once the UK's best-selling investment vehicle.

Leigh Day has become the first firm to kick-start legal proceedings on behalf of an initial group of 100 investors in Woodford Equity Income, which collapsed in October 2019 following a suspension put in place by Link Fund Solutions four months previously.

Woodford investors edge closer to court action with administrator

David Ricketts

SJP poised to re-enter FTSE 100 after share price jump

Citi poaches BlackRock managing director for wealth CIO

Evelyn Partners professional services arm to rebrand after Apax sale

Kirkland & Ellis hires Clifford Chance London fund finance heavyweight

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US legal giant raids Magic Circle law firm in London

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

The Japanese company is taking a bigger bet on the potential of artificial intelligence as the technology improves and gains momentum.

SoftBank Plans $1.5 Billion Investment in OpenAI

SoftBank Group Plans $1.5 Billion Investment in OpenAI

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.

Aston Martin Issues Another Profit Warning

Aston Martin Raises Cash From Investors, Issues Profit Warning

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

Just Eat Takeaway.com to Delist From London Stock Exchange

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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