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By Jim Brunsden, Bloomberg |
September 25, 2012
An E.U. agency may win powers to ban new instruments and to force traders to reduce positions as part of an overhaul of the bloc’s market rules.
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By Anne-Sylvaine Chassany, Bloomberg |
September 20, 2012
European banks pledged last year to cut more than $1.2 trillion of assets to help them weather the sovereign-debt crisis. Since then they’ve grown only fatter.
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By Sarah Jones, Bloomberg |
September 18, 2012
U.K. stocks fell for a second day, with the FTSE 100 Index continuing its retreat from a six-month high, amid renewed concern about Europe’s debt crisis
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By Nicholas Comfort, Bloomber |
August 27, 2012
Deutsche Bank AG, Europe’s biggest bank by assets, changed rules on bonuses to allow the company to claw back stock awarded to its workers by former employers.
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By David McLaughlin, Bloomberg |
August 15, 2012
JPMorgan Chase & Co. and Barclays Plc are among seven banks subpoenaed in New York and Connecticut’s investigation into alleged manipulation of Libor, Bloomberg reports.
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By Howard Mustoe and Gavin Finch, Bloomberg |
July 30, 2012
HSBC Holdings Plc, the British bank accused of helping drug lords in Mexico to launder money, apologized to investors for compliance failings and set aside $2 billion more to cover the costs of fines and redress.
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By John Detrixhe, Bloomberg |
July 19, 2012
Barclays Plc’s admission that it rigged the London interbank offered rate shows regulators, central bankers and politicians weren’t paying attention when everyone from Citigroup Inc. to the Bank for International Settlements indicated that the measure was being manipulated.
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By Jesse Hamilton and David Voreacos, Bloomberg |
July 17, 2012
HSBC Holdings Plc did business with firms linked to terrorism, failed to guard against money- laundering violations in Mexico and bypassed U.S. sanctions against Iran, according to U.S. Senate investigators.
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By David McLaughlin, Bloomberg |
July 16, 2012
Attorneys general in at least three states are conducting investigations tied to alleged manipulation of the London interbank offered rate, adding to probes by U.S. and U.K. authorities.
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By Lindsay Fortado, Bloomberg |
July 6, 2012
The U.K. Serious Fraud Office is opening a criminal investigation into the attempted manipulation of interbank offered rates that led to Barclays Plc getting a record fine.