Citigroup fined over ‘fat finger’ error that led to £1.1bn of mistaken orders

Citigroup, Financial Conduct Authority, Prudential Regulation Authority (PRA), Business, Regulators, Banking, US news, World news, Europe Business | The Guardian ​UK regulators fine bank £61.6m over 2022 trader blunder that prompted flash crash in European stocksCitigroup has been fined £61.6m by financial regulators after its internal systems failed to prevent a fat-fingered banker causing a flash…

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Severn Trent increases payout to shareholders despite its 60,000 sewage spills last year

Water industry, Corporate governance, Severn Trent, Business, Utilities, UK news, England, Wales, Pollution, Environment, Executive pay and bonuses Business | The Guardian ​Final dividend hiked by 9% amid anger over water firms making payouts to investors while polluting waterwaysBusiness live – latest updatesSevern Trent has increased its payout to shareholders despite being responsible for 60,000 sewage…

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US investment firm seizes control of Inter after missed payment from Chinese owners

Internazionale, Football, Serie A, European club football, Sport, US sports Business | The Guardian ​Suning’s loan was guaranteed by stake in Italian clubInter become seventh Serie A club with US ownersUnited States-based investment fund Oaktree Capital Management said on Wednesday it has become the new owner of Serie A champions Inter after a missed $428m (£336m)…

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