07/26/2012
These hedge funds have responded with in-depth internal probes which they hope will assure investors that they did not collude with the banks, are completely clean and will not become embroiled in the affair, people familiar with the funds said.
07/25/2012
Turner (pictured) said in a speech at Bloomberg that the banking sector required new entrants in order to improve public perception, but that the practice of offering current accounts with no charge was preventing this.
07/25/2012
Managing partner Hugh Maule put the blame on “increased property costs” in London as PEP slipped from £412,000 in 2010-11 to £303,000 in 2011-12.
07/25/2012
This makes the planned start date of the Basel III rules "unrealistic," as more than just one to two months' notice is needed to analyze the final text of the regulations and directives, to make changes to information technology systems, an
07/24/2012
A Deutsche Bank internal investigation into Libor has found that two former traders may have been involved in colluding to manipulate the rates but said there was no indication of failure at the top of the organisation, Reuters reported.