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.

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.

A mammoth fundraising by Barclays has received strong support after 95% of the shares in the £5.8bn rights issue were taken up.

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.

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.

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.

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.

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.

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.

Royal Bank of Scotland and Lloyds Banking Group will reveal the impact of another year of scandal when they report further big losses.

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).

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.

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.

The rate-rigging scandal that has rocked the banking industry showed no signs of abating as US authorities summoned three British banks for questioning.

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.

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

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.