02/20/2014
The inquiry into online communications between traders and allegations of manipulating benchmark currency rates known as "fixings" has seen more than 20 traders at many of the world's biggest banks put on leave, suspended or fired.
02/19/2014
Spanish banking has suffered another blow, after its biggest lender Banco Santander was fined €16.9 million for not revealing to some bond buyers “necessary information” ahead of the financial crisis.
02/18/2014
In a crackdown on currencies traders, financial institutions including Royal Bank of Scotland, Deutsche Bank and UBS are reviewing the rules governing how traders make bets with their own money.
02/17/2014
Benjamin Wilson of Southern England, has been found guilty by the UK’s financial regulator, the Financial Conduct Authority for conducting fraud.
02/17/2014
The High Court has ruled that two investment schemes, promoted by Capital Alternatives and a number of other firms, were collective investment schemes.
02/17/2014
The charges are the first related to manipulation of U.S. dollar Libor, the agency said, while previous cases were linked to interest-rate benchmarks tied to the Japanese yen.
02/14/2014
The new guidance reflects the law as set out by the Upper Tribunal in the Independent Schools Counsel case and is significantly shorter then previous guidance, meaning trustees should find it accessible.