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NEWS ABOUT: Lloyd's of London

Saudis Funded al-Qaeda, Enabled 9/11 Attacks: Suit

Claims country backed banks, charities that supported terrorist group

(Newser) - A syndicate of Britain’s Lloyd’s insurance company is suing Saudi Arabia on the assertion that the country gave material support to al-Qaeda in the years before 9/11, the Independent reports. The syndicate wants repayment of the $215 million it gave to victims of the 9/11 attacks; the company... More »

Move to Nationalize UK Bank Sparks Fury

Shareholders expected to battle public ownership

(Newser) - Furious shareholders concerned about the risk to their investments are blasting the British government's decision to nationalize ailing Northern Rock bank. The British Treasury is expected to face lengthy legal action from investors once the government formally announces details of the takeover today. Trading in bank shares is being suspended,... More »

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