The Swiss government on Friday proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it ...

Britain banned Thames Water and five other water companies from paying bonuses to their bosses because they had failed to ...

U.S. investment firms Silver Point Capital and Elliott Management are formulating a 10-billion-pound-plus ($13.53 billion) ...

The setback increases the possibility that the company will collapse into a government-supervised administration.

Many UK water companies have large debts, but Thames Water's problems are the worst. When Thames was privatised in 1989, it ...

A week later, Ofwat, the industry regulator, announced it was hitting Thames with a record £123m in fines for sewage spills ...

Thames Water customers face the prospect of a £230 jump in their annual bills to help secure its future, after a potential ...

The private equity firm’s exit leaves the utility at greater risk of financial collapse and government supervision.

British utility Thames Water says a U.S. investment firm has dropped a rescue bid for the debt-burdened company.

The water company said KKR’s decision not to proceed with the equity raise created uncertainty around its plan to stay afloat ...

Thames Water’s preferred bidder KKR & Co. has pulled out of a rescue deal in a major setback for the utility. The US ...