Jeremy Hodges

London

Team Leader at Bloomberg News

Bloomberg News editor - European courts, white collar crime...all the good stuff [email protected]

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Articles

Hedge Funds Drop Lawsuits Against LME Over Nickel Crisis

1 day ago | news.bloombergtax.com | Jack Farchy |Jeremy Hodges

A group of hedge funds that sued the London Metal Exchange over the 2022 nickel crisis have dropped their legal action after similar arguments made in separate proceedings were rejected by UK courts. The move means the exchange, which sparked fury by canceling $12 billion in trades after nickel prices surged due to a short squeeze, has faced down some $600 million in legal claims from some of the world’s highest profile investors.
Hedge Funds Drop Lawsuits Against LME Over Nickel Crisis

1 day ago | bloomberg.com | Jack Farchy |Jeremy Hodges

Traders on the trading floor of the open outcry pit at the London Metal Exchange Ltd. (LME) in London, U.K., on Monday, Sept. 6, 2021. After 18 months away, brokers returned Monday to the red leather couches of the London Metal Exchange’s floor, where they set benchmark prices of metals such as copper and aluminum by screaming orders at one another.
Belgium Targets EU Parliamentary Staff in Huawei Probe

2 months ago | yahoo.com | Jeremy Hodges

(Bloomberg) -- The chief prosecutor investigating allegations of bribery involving Huawei Technologies Co. Ltd. has ordered two offices in the European Parliament belonging to assistants to be sealed off. Most Read from BloombergEarlier Thursday hundreds of police carried out 21 searches across Belgium and Portugal, arresting several people over allegations they were involved in “active corruption within the European Parliament, as well as for forgery and use of forgeries.
Belgium Targets EU Parliamentary Staff Offices in Huawei Probe

2 months ago | bloomberg.com | Jeremy Hodges

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
Prince Harry Settles With Murdoch Papers Over UK Press Intrusion

Jan 22, 2025 | bloomberg.com | Jeremy Hodges

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
Mastercard to Settle UK Fee Overcharging Suit for £200 Million

Dec 4, 2024 | bloomberg.com | Jeremy Hodges

Mastercard Inc. has agreed in principle to pay around £200 million ($254 million) to settle a UK class action lawsuit, according to a person familiar with the matter. The credit card provider was facing a lawsuit worth at least £10 billion — which would have made it the largest-ever claim of its kind. The suit came from Walter Merricks, the former head of the UK’s Financial Ombudsman Service, who represented roughly 46 million consumers.
UK’s FCA Warns Crispin Odey It’ll Take Action Over Misconduct

Nov 1, 2024 | bloomberg.com | Jeremy Hodges

Crispin Odey was warned by the UK markets watchdog that it plans to take action over what it called a “lack of integrity” when he responded to allegations of sexual misconduct. The FCA said Friday that Odey’s behavior toward both Odey Asset Management and the regulator “lacked candor” after he given a written warning for his conduct. “He used improper means to protect his own interests and achieve his objectives”
Ex-Autonomy CFO Banned From Accountancy By UK Watchdog

Jul 11, 2024 | news.bloombergtax.com | Jeremy Hodges

The ex-chief financial officer of <-rte-company state="{"_id":"00000190-a168-d6e5-adde-bbf9dc200000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Autonomy Corp. was banned from being an accountant by the UK’s audit watchdog following a criminal conviction for fraud after a US trial. <-bsp-person state="{"_id":"00000190-a168-d6e5-adde-bbf9dc240000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Sushovan Hussain is banned from the industry until Nov.
Ex-Autonomy CFO Banned From Accountancy By UK Watchdog

Jul 11, 2024 | bloomberg.com | Jeremy Hodges

The ex-chief financial officer of Autonomy Corp. was banned from being an accountant by the UK’s audit watchdog following a criminal conviction for fraud after a US trial. Sushovan Hussain is banned from the industry until Nov. 2038, the Financial Reporting Council said in a statement. He was sentenced to five years in prison after he was convicted in 2018 of accounting fraud by a San Francisco jury.
Sunak Seeks Offramp in Escalating UK Spat Over Covid-19 Probe

Jun 6, 2023 | bloomberg.com | Alex Wickham |Jeremy Hodges

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