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By Lindsay Fortado and Ben Moshinsky |
March 27, 2013
The U.K. Financial Services Authority will be replaced by two new regulators with greater powers.
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By Lindsay Fortado |
March 4, 2013
The U.K. finance regulator is facing lawmaker criticism that it missed warning signs on the rigging of benchmark interest rates for years.
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By Press Release |
December 19, 2012
The U.S. Commodity Futures Trading Commission announced an Order today against UBS AG and UBS Securities Japan Co., bringing and settling charges of manipulation, attempted manipulation and false reporting of certain global benchmark interest rates.
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By Kit Chellel |
December 10, 2012
Stefan Hunt, a former Harvard and Yale economist who now works with the U.K.'s Financial Services Authority, is using new tools to protect consumers from old-fashioned fraud.
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By Lindsay Fortado, Bloomberg |
November 9, 2012
U.K. prosecutors are poised to arrest former traders and rate setters at UBS AG, Royal Bank of Scotland Group Plc and Barclays Plc within a month for questioning over their role in the Libor scandal.
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By Ben Moshinsky and Lindsay Fortado, Bloomberg |
September 28, 2012
Proposals to overhaul Libor, including enhanced powers for U.K. regulators to prosecute rate rigging, may be enacted early next year in a bid to revive confidence in the scandal-ridden benchmark and banking industry.
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By Lindsay Fortado and Kitty Donaldson, Bloomberg |
September 27, 2012
U.S. investigators conducting a criminal probe of interest-rate manipulation have asked their British counterparts for permission to interview London traders.
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By Gavin Finch and Liam Vaughan, Bloomberg |
September 26, 2012
The British Bankers’ Association signaled it will give up oversight of the London interbank offered rate following claims traders manipulated the benchmark.
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By Andrea Tan, Gavin Finch and Liam Vaughan, Bloomberg |
September 26, 2012
Royal Bank of Scotland Group Plc trader Tan Chi Min told colleagues the firm was able to move global interest rates, according to court filings.
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By Liam Vaughan, Gavin Finch and Andrea Tan, Bloomberg |
September 25, 2012
Royal Bank of Scotland Group Plc managers condoned and participated in the manipulation of global interest rates, indicating that wrongdoing extended beyond the four traders the bank has fired.
