Five truckmakers — Daimler, DAF, Iveco, MAN and Volvo-Renault — have agreed to pay EU regulators a record €2.93bn in fines for fixing truck prices over 14 years.
Wed, 20 Jul, 2016
Banking and the car sector have tried to do what they can get away with, not what is right, says Mark Gilbert
Sat, 26 Sep, 2015
Fresh charges in the UK Libor rigging probe may target traders linked to the benchmark’s euro counterpart, with prosecutors focusing efforts on that strand of the probe in recent weeks.
Sat, 19 Sep, 2015
A “greedy” City trader has become the first man to be jailed for rigging Libor rates in a scandal that shook financial markets.
Tue, 04 Aug, 2015
Barclays has fired its chief executive Antony Jenkins.
Wed, 08 Jul, 2015
HSBC set aside £236m to settle a probe into foreign exchange market rigging today – taking the bill for the scandal for British banks to more than £1.1bn.
Mon, 03 Nov, 2014
Deutsche Bank has widened an internal probe into possible manipulation of the Libor benchmark interest rate after discovering a new chatroom where traders may have colluded, a source familiar with the matter said yesterday.
Tue, 22 Oct, 2013
A mammoth fundraising by Barclays has received strong support after 95% of the shares in the £5.8bn (€6.8bn) rights issue were taken up.
Sat, 05 Oct, 2013
A mammoth fundraising by Barclays has received strong support after 95% of the shares in the £5.8bn rights issue were taken up.
Fri, 04 Oct, 2013
Britain’s fraud prosecutor yesterday charged two former brokers at interdealer broker RP Martin with conspiracy to defraud, stepping up its investigation into the rigging of Libor benchmark interest rates.
Tue, 16 Jul, 2013
Oil giant BP has warned that millions of dollars of “fictitious” compensation claims for the 2010 Gulf of Mexico oil spill are putting the company at risk.
Fri, 17 May, 2013
The full force of the law should be available against oil executives who are found to have fixed prices, UK Prime Minister David Cameron has indicated.
Thu, 16 May, 2013
Oil companies will face the full force of the law if they manipulate prices, Britain’s energy minister said as the European Commission demanded that more firms provide information as part of its probe into oil pricing.
Barclays must go further in overhauling its pay practices after a culture of “overly generous” bonuses put profit first in the run-up to the bank’s Libor scandal, an independent review in England found today.
Wed, 03 Apr, 2013
The British Chancellor’s attempts to “re-set” Britain’s banking system still do not go far enough, a panel set up following the industry’s Libor-fixing scandal said today.
Mon, 11 Mar, 2013
Ulster Bank made a £1.04bn (€1.26bn) operating loss in 2012, which is a 5% increase on the £984m loss in 2011, as mortgage arrears continue to mount.
Fri, 01 Mar, 2013
Royal Bank of Scotland and Lloyds Banking Group will reveal the impact of another year of scandal when they report further big losses.
Sat, 23 Feb, 2013
Bribery and rate-rigging took place at Royal Bank of Scotland even after it was bailed out by the taxpayer, regulators revealed yesterday, as they fined the banking giant £391m (€453m).
Thu, 07 Feb, 2013
British lender Barclays has today called for a new industry body to be formed with the power to ban rogue bankers in the wake of the rate rigging scandal.
Fri, 07 Sep, 2012
Former Barclays deputy chairman Nigel Rudd has slammed MPs for a “completely unacceptable” attack on the bank’s embattled ex-boss Bob Diamond, it was reported today.
Sun, 19 Aug, 2012
The rate-rigging scandal that has rocked the banking industry showed no signs of abating as US authorities summoned three British banks for questioning.
Fri, 17 Aug, 2012
A pay scheme that could defer bonuses for Barclays bosses until they retire is being considered by the under-pressure bank, it was reported today.
Sun, 05 Aug, 2012
Banking’s reputation was already on the floor when along came rate-fixing and money laundering for drug cartels and rogue states to completely destroy the public’s trust, writes Kyran Fitzgerald
Sat, 21 Jul, 2012
If we take Bob Diamond and Paul Tucker at their word, part of the Libor scandal at Barclays can be chalked up to a series of comic misunderstandings, like a children’s game of telephone.
Sat, 14 Jul, 2012
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