A former Royal Bank of Scotland Group (RBS) trader was fined £250,000 (€281,780) and banned from working in the industry by the UK markets regulator for manipulating Libor, five years after the bank was penalised for its role in the scandal.
Tue, 09 Jan, 2018
The jury in the London trial of five former Barclays traders charged with conspiracy to manipulate global Libor interest rates yesterday retired to consider its verdict after hearing more than 10 weeks of evidence.
Tue, 21 Jun, 2016
Hemingway had it right on bankruptcy; that it happens slowly then all at once. So too it seems are changes in how the world sees finance. For the best part of a decade now the (final?) flowering of Financialisation has been rampant.
Sat, 26 Jul, 2014
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
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
Britain’s banks could face the threat of being broken up after a report warned the ring-fence to separate risky operations from savers’ deposits needed “electrification”.
Fri, 21 Dec, 2012
Wall Street ended a tumultuous two-week run relatively quietly today, finishing another back-and-forth session mixed as investors were cheered by signs of easing in the credit markets and managed to absorb lacklustre economic news with equanimity.
Fri, 17 Oct, 2008
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