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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Thursday 15 April 2010
Thursday 25 March 2010
Thursday 25 March 2010
Thursday 04 February 2010
Employees of AIG's disaster-stricken derivatives business are drawing renewed political fire after reneging on promises to hand back a portion of last year's bonus, and amid news that they are just days away from receiving another $100m (£63m) in "retention payments".
Saturday 23 January 2010
Saturday 16 January 2010
US Outlook: I am being lied to all the time. In mailings from insurance firms, telephone calls from debt-restructuring salesmen, and in radio ads for refinancing mortgages, I am being deliberately and outrageously misled.
Tuesday 15 December 2009
Friday 11 December 2009
India's financial watchdog has suspended Barclays from offering derivatives that allow foreign investors to trade in Indian shares.
Tuesday 08 December 2009
Anastasia Kelly. Rodney Martin. William Dooley. Nicholas Walsh. John Doyle. These are the five senior executives at AIG who threatened last week to quit the government-owned insurer if their compensation is cut by the Obama administration's pay tsar, sparking a new public furore in the US over bonuses at bailed-out companies.
Saturday 28 November 2009
US Outlook: The fact that Hank Greenberg is getting back a Persian rug and some photos of him meeting Chinese leaders, as part of his ceasefire with AIG, tells you all you need to know about the insurance industry's most pathetic feud.
Thursday 10 September 2009
Wall Street's top broking firms, including Goldman Sachs, Merrill Lynch and Barclays, are buying a stake in a major US options exchange, as the war for a share of the $1.9trillion options trading market hots up.
Monday 07 September 2009
Lord Turner's analysis of what caused the credit catastrophe ... is the best there is. And the Turner Review of Financial Stability is regarded from Wall Street to Tokyo as a model from which other financial regulators must learn. Moreover, it's not his job to be a cheerleader for the City of London.
Saturday 22 August 2009
US Outlook: With each passing day, it seems the lessons we learned when the credit crisis reached its crescendo are becoming fuzzier, harder to grasp at or even slipping away. One of the symptoms of this is the ease with which the language of Wall Street has begun to reassert itself in the debate about how to reform finance.
Saturday 15 August 2009
The giant is coming down the beanstalk again – after a few months when tennis, golf and cricket have held sway, the Premier League returns, crushing all in its size 12 boots. And as far as betting is concerned, it has now swatted aside punters' more traditional pursuits – horse racing, greyhounds, golf. For in the nation's high-street bookies today, the bulk of the money going down will be football bets, and their ever-increasing "derivatives".
Monday 03 August 2009
Sustained immigration has not harmed Britons' employment, say government advisers
War is war: Why I stand with Israel
Even when it brutalises one of its own teenage citizens, America is helpless against Israel
Socialist Worker called to apologise over ‘vile’ article saying Eton schoolboy Horatio Chapple's death is ‘reason to save the polar bears’
Emergency data law: David Cameron plots to bring back snoopers’ charter
NUT strike: David Cameron announces crackdown on strike action ahead of mass industrial action
- 2 Belgium fan Axelle Despiegelaere lands L'Oreal campaign after World Cup viral photo
- 3 Why I'm on the brink of burning my Israeli passport
- 5 Blackest is the new black: Scientists have developed a material so dark that you can't see it...