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-4.57226464268311E-05 -0.00164601527136397 -0.00324630789630111 -0.00118878880709615 0.00109734351424248 0.00246902290704579 0.00429792876411676 0.00224040967491196
Stock impact report

British bank sued for £1.5m over allegedly unpaid supplier fees [Yahoo! Finance]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Yahoo! Finance
The Bank of London , which was launched by Labour donor Anthony Watson and counts Lord Mandelson among its board members, is being chased in the courts by a software group over allegations it owes hundreds of thousands of pounds for licensing a foreign exchange product. SmartTrade Technologies claims the bank agreed a five-year deal but allegedly stopped paying instalments due from June 2023 and now has hundreds of thousands of pounds in unpaid debt, according to High Court documents. The revelations come amid intense scrutiny of the Bank of London after a surprise winding-up petition – one of the most serious actions a creditor can take against a company – was filed against its holding company by HMRC earlier this month. The Bank of London was forced to fend off the claim, which it blamed on a “simple administrative handling delay”. The petition has since been withdrawn. Launched in 2021, the Bank of London has claimed to be only the second clearing bank to be launched in th Show less Read more
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