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Wells Fargo leads one of the largest financings of its kind as it looks to muscle in on investment banking rivals
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ICO reprimands company over accidental publishing of data about people caught up in Horizon IT scandal Business live – latest updates The Post Office has avoided a fine over a data breach that resulted in the mistaken online publication of the names and addresses of more than 500 post office operators it had been pursuing during the Horizon IT scandal. The Information Commissioner’s Office (ICO) has reprimanded the Post Office over the breach, in which the company’s press office accidentally published an unredacted version of a legal settlement document with the operators on its website. Continue reading… Source link…
Discussions are ‘taking longer than expected’, which may mean regulator is tearing chunks out of creditors’ proposal A good 20 months have passed since the shareholders of Thames Water declared they wouldn’t be putting another penny into the “uninvestable” company and would rather take a thumping write-off of their investment. So surely, you’d think, we must be nearing the endgame in the attempt by the creditors – the people who lent money to Thames – to rescue the company via a debt write-down and a recapitalisation with new equity. After all, the 100-odd class A bondholders have been negotiating…
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