07/04/2012
Barclays was fined £290m by UK and US regulator for attempting to manipulate the rate, which is used to set the borrowing costs for millions of consumers, businesses and investors, by falsely stating how much they were paying to borrow money.
07/04/2012
Out of about 2,000 traders, 14 were responsible for fixing the London interbank offered rate (Libor), said Mr Diamond.
07/04/2012
Among the activities she no longer has permission for are advising on investments and assisting in the administration and performance of a contract of insurance.
07/04/2012
A post-mortem revealed Mr Dymond died from self-inflicted stab wounds to his chest and cuts to his arms.
07/04/2012
He focuses on sponsor and lender leveraged finance work, restructurings of leveraged credits, and emerging markets financing transactions.
07/04/2012
Latham & Watkins will be advising Manchester United on its initial public offering in the United States with Davis Polk & Wardwell acting for US underwriters.
07/03/2012
In its proposals for new sanctions for directors of failed banks, the government also proposed banning directors of failed banks from serving as senior executives at other banks in future unless they can prove they are fit for office.
07/03/2012
Magistrates are investigating claims that house staff of Liliane Bettencourt, heiress to the L'Oréal cosmetics empire and France's richest woman, handed over brown envelopes stuffed with cash to Mr Sarkozy and his aides to finance his suc
07/02/2012
City firms Bracewell Law and Lexlaw are representing dozens of businesses that claim to have been mis-sold products in the latest British banking scandal.
07/02/2012
She highlighted that advisers will not have a choice about the move to adviser charging from fees, as this will be dictated by providers and it will simply be a case of “switching” over the Christmas period.
07/02/2012
Private client lawyer Carryl Christie
07/02/2012
The new French Socialist government has promised to reinstate the country’s old wealth tax rate and increase income tax, enough to make wealthy taxpayers think seriously about leaving for greener Swiss pastures.
07/02/2012
The bankers at the heart of the Barclays interest rate-rigging scandal could be prosecuted for fraud
07/02/2012
If you have a Friends Life or Axa plan you could be due redress for fund management errors.
07/02/2012
Simmons & Simmons has continued to expand its market-leading Finance practice with the appointment of two Capital Markets partners in London.
07/01/2012
Swiss private banking exec charged in Paris Tax-Evasion Investigation
The executive is under investigation for aiding in illicit marketing, laundering and benefiting from the practices, Agnes Thibault-Lecuivre, a spokeswoman for the Paris prosecutors office, said Friday.
07/01/2012
The Independent on Sunday has learnt that the Conservative deputy chairman, Michael Fallon, is a board member of a leading brokerage firm that dominates the rates market and which has been asked to co-operate with the Financial Services Authority's i
07/01/2012
Adair Turner told the BBC's Andrew Marr programme there should be a presumption a director of a failed bank should not work in the industry again.
07/01/2012
Cyprus was split in 1974 when Turkey invaded after a Greek-inspired coup in Nicosia aimed at uniting the island with Greece.
07/01/2012
The bank’s shares plunged as much as 17 per cent in trading yesterday as it emerged its staff had attempted to manipulate wholesale interest rates, which govern the multi-trillion dollar interbank lending markets.