Patisserie Holdings (CAKE) had nearly £10m in unreported loans. The company had used up two separate bank credit lines without the board’s knowledge.
TP ICAP (TCAP) looks to overhaul management incentive scheme. Disagreements over bonus plan at interdealer broker led to ousting of chief executive in July.
Barclays (BARC) to challenge Goldman’s Marcus in US retail banking. Lender to draw on UK experience to target consumers wanting a digital-only service.
Unilever (ULVR) U-turn shows how angry shareholders are securing change. Investors find their voice after years of criticism for not holding companies to account.
