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Credit Suisse exempted from German tax prosecution

The newspaper referred to so-called Bermuda products designed as insurance-style instruments to avoid tax.

Email cache shows depth of Whitehall fears over Barclays Libor submissions

In an email dated October 22, 2008, from Sir Jeremy Heywood, then principal private secretary to Gordon Brown, to Paul Tucker, then head of markets at the Bank of England, he asks why Barclays is paying “ABOVE Libor” to fund in the sterling mo

Mitsubishi UFJ Said to Suspend Two London Traders

The two, Christian Schluep and Paul Robson, have been put on leave, according to Bloomberg.

U.K. Serious Fraud Office Reopens Investigation Into Weavering

The SFO probe relates to interest rate swaps between the fund and a company in the British Virgin Islands which “had the effect of inflating the net asset value of the fund,” the agency said in statement on its website.

Barclays makes complaint to ICAEW about Baker Tilly

It is alleged that the Baker Tilly employee seconded to Barclays took information about one of the bank's clients and handed it to the firm.

Proskauer hires capital markets quartet to continue City expansion‎

Proskauer continues to strengthen its global capital markets capabilities with the upcoming addition of three partners and a senior counsel in the firm's London office.

Herbert Smith to merge real estate and finance as part of Freehills-induced restructure

n the wake of the shake-up, Herbert Smith’s current head of real estate Ian Cox has been linked to the new role of London managing partner.

French holiday home owners may have little to fear from new tax changes

Recent changes to the French tax system announced by president Francois Hollande’s government may not be so serious for British and other owners of French properties, believes UK regulated specialist mortgage broker Offshoreonline.org.

RBS fights to keep its Libor records secret

Royal Bank of Scotland is fighting a court order requiring it to co-operate with an international criminal investigation into allegations its staff fixed a key banking lending rate.

Serious Fraud Office launches Libor investigation

The case could lead to criminal charges being brought against individuals.

Germany probing Deutsche Bank over Libor

Shares of Deutsche Bank AG slumped 5.3% in New York trade on Friday.

Banks 'let off' more than £60m in fines by watchdog

Big banks and insurers have been forgiven more than £60m in fines for mis-selling and other wrongdoings by the City watchdog since 2010, an Independent on Sunday investigation can reveal.

Knock knock. Who’s there? A UK tax cheat

It’s a scandal that broke with a classic newspaper scoop.

RBS Chief Executive response to chairman of the Treasury Select Committee

We remain deeply sorry for the disruption our customers encountered, and I would like to acknowledge their understanding and patience.

UBS note deepens UK political row over rate-fixing

A political row in Britain over the fixing of interbank lending rates deepened on Saturday after the publication of confidential advice from UBS to the former Labour government on how to reduce the key Libor rate at the height of the financial crisis in 2

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