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By Matthew Brown, Bloomberg |
August 28, 2012
Barclays Plc spent a decade assembling a team of the most successful gas and power traders in Europe. It took less than 16 months to lose most of them.
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By Ambereen Choudhury, Elisa Martinuzzi and Elena Logutenkova, Bloomberg |
August 22, 2012
European crisis continues to take tolls on all segments of business, especially banking.
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By Dawn Kopecki, Bloomberg |
August 21, 2012
Wall Street, the global financial community reeling from public outrage, is proving incapable of finding a champion to replace Jamie Dimon.
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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, Bloomberg |
August 15, 2012
Standard Chartered Plc may have to pay as much as three times more than the $340 million it was fined by a New York regulator to settle all the probes by regulators into its transactions for Iranian clients.
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By Caroline Salas Gage |
August 9, 2012
It was ultimately up to the British to deal with the manipulation of Libor, as only three of the 18 banks that set the London interbank offered rate are based in the U.S.
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By Lananh Nguyen |
August 2, 2012
For the first time, London is overtaking New York as the global hub for trading oil futures.
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By Joe Schneider |
July 30, 2012
A New York lender with 11 branches has sued 21 banks for damages over the alleged manipulation of the London Interbank Offered Rate.
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By Greg Farrell and Lindsay Fortado |
July 26, 2012
The U.S. Justice Department is preparing to file charges this fall against traders from several banks in the global probe of interest rate-rigging.
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By Christopher Condon and Alexis Leondis, Bloomberg |
July 26, 2012
BlackRock Inc., Fidelity Investments and Vanguard Group Inc., firms that collectively manage more than $7 trillion, are gauging how their clients have been hurt by Libor manipulation.
