EU watchdogs are preparing to impose multi-million euro fines on six banks, including Royal Bank of Scotland and HSBC, where traders are suspected of having tried to manipulate Euribor interest rates.
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Wednesday 28 August 2013
Fears intervention could spill over into the rest of Middle East
Friday 28 June 2013
A regulator in the US has filed civil charges against Jon Corzine, the former New Jersey governor and ex-chief executive of the collapsed MF Global brokerage, in connection with the alleged misuse of customer funds.
Wednesday 26 June 2013
The Operation Motorman whistleblower who exposed the vast scale on which the media used private detectives to obtain private information wants a written apology from Cheshire Police after it admitted carrying out an unlawful raid on his home.
Tuesday 21 May 2013
The Financial Transactions Tax nicknamed the "Robin Hood Tax" might be popular with celebrities, but Osborne's objections are rooted in economic good sense
Tuesday 16 April 2013
Prosecutors in Italy are seizing about €1.8bn (£1.5bn) of assets from the Japanese group Nomura Holdings as part of an inquiry into Banca Monte dei Paschi di Siena's use of derivatives to hide losses. The sequestration is linked to allegations of fraud and usury.
Friday 05 April 2013
The City stalwart Terry Smith has felt the pinch from a “not particularly vintage year” as his pay and bonuses fell by almost £1m.
Friday 08 March 2013
US Outlook So many reasons exist to be suspicious of the current boom in world stock markets, it's hard to know where to start. The renewed eurozone crisis, slowing growth in China, sovereign debt down-grades, the flattering effect of QE. I could go on.
Monday 11 February 2013
Hopes that this year could be a major turning point for share markets were boosted today after the boss of the biggest supplier of trading software to the City said the past few weeks had seen record trading in equities.
Sunday 23 December 2012
Thursday 20 December 2012
Two centuries of independence for the New York Stock Exchange are set to come to an end after its operator, NYSE Euronext, agreed to sell itself to Inter-continentalExchange, the commodities-focused markets business, in an $8bn (£5bn) deal.
Thursday 20 December 2012
The face of American capitalism for more than 200 years is about to fall for a company that's been about for just 12.
Thursday 15 November 2012
Outlook Another day, another price-fixing scandal, this time in the energy markets. But it's far from clear, at least from what we know so far, that this one matters very much. The price-rigging alleged by the whistleblower Seth Freedman actually involved sending prices down rather than up.
Friday 09 November 2012
The new Archbishop of Canterbury will continue to apply the expertise he has acquired from his two careers to the overhaul of banking standards, it was confirmed today.
Saturday 03 November 2012
Bankrupt Irish businessman Sean Quinn, once the country's richest man, was sentenced Friday to nine weeks in jail by a Dublin court.
Saturday 13 October 2012
America's scandal-racked JP Morgan Chase smashed Wall Street's forecasts yesterday with the help of a revival in so-called simple banking.
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