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

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

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

Ofwat’s new powers enable it to backdate veto on awards for CEOs and CFOs at poorly performing water companies ...

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.

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

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

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

The water company said KKR’s decision not to proceed with the equity raised the prospect of nationalization.

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