07/17/2012

London banks lose old-school ways

Attempts to manipulate Libor, an important interest rate (at which banks can borrow funds from other banks), originated on the trading floors of some of the biggest and oldest banks in London, like Barclays, and government officials on both sides of the A

07/17/2012

Private banking's squeezed middle

Echoing their colleagues in investment banking, private bankers in Emerging Europe see the middle segment of their market being squeezed, with only the biggest and the boutiques surviving. That has some casting around for new strategies in the region.