07/31/2012
Police took away “numerous documents, computer information and emails” from the bank’s office, according to a statement from the authorities, who are investigating whether Barclays manipulated Euribor “just as it did with Libor&
07/31/2012
Mr Green did not specify the precise charges that could be brought but it is possible bankers found guilty of manipulation could receive prison sentences of up to 10 years.
07/31/2012
In a judicial letter the investors claimed they were forced to accept the bank’s compensation offer last year even though the financial services authority was still investigating BOV’s failures.
07/31/2012
City watchdog the Financial Services Authority fears the accounts, which offer perks like travel insurance, money-off vouchers and breakdown cover, are virtually useless for millions who sign up to them.
07/31/2012
Anyone buying shares in some of France's biggest companies will now pay a controversial new tax on the transaction.
07/31/2012
Two top judges slammed Britain's fraud-busting agency on Tuesday for obtaining search warrants unlawfully during a controversial probe into property magnates Vincent and Robert Tchenguiz, dealing a fresh blow to embattled investigators.
07/30/2012
The bank declined to comment yesterday on reports that the confidential settlement included a write-off of swaps and loans worth €30 million, in addition to payment of Mr Agar’s legal fees of €1 million.
07/30/2012
It is also consistent with the recent European Commission Communication on Corporate Social Responsibility (CSR)2 and linked to other financial reforms aimed at helping to rebuild confidence in European financial markets amongst retail investors.
07/29/2012
Linklaters has one of the leading finance practices in Belgium.
07/29/2012
The team is headed by employment partner Helga Breen, white collar crime and fraud partner Eoin O’Shea and partner Richard Everett, a financial services regulation specialist.
07/29/2012
From the end of March, banks and building societies will be forced to check that customers are eligible for the insurance they sell as part of packaged current accounts that carry a monthly fee.
07/29/2012
The quality of the warnings, known as STRs, has been deemed to be good and several have sparked investigations by the regulator’s market monitoring divisions.
07/29/2012
Trade minister who headed banking division is facing further pressure
07/29/2012
Ireland’s High Court found both men and the elder Quinn’s nephew Peter Darragh Quinn in contempt of court last month for putting assets outside of the reach of Anglo Irish’s successor, Irish Bank Resolution Corp.
07/29/2012
Stephen Hester has warned that Royal Bank of Scotland is facing a huge fine over the Libor scandal that has engulfed Barclays.
07/29/2012
HSBC is also likely to face questions over the potential impact of Libor-related claims.
07/29/2012
Adam Lancelot, 35, spent his earnings on a Mercedes convertible, a kitchen refurbishment, foreign holidays and restaurant meals.
07/29/2012
He said that the taxpayer-backed bank was being probed as part of the Financial Services Authority (FSA) investigation into the rigging of the Libor. Barclays lost three executives and faces a £290m fine.
07/29/2012
The Financial Services Consumer Panel has today made six recommendations that it believes are essential if the FCA is to deliver more effective protection for consumers than its predecessor
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.