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By Takahiko Hyuga and Takako Taniguchi |
April 11, 2013
RBS's Japan brokerage unit head will reportedly step down as the company faces punishment for attempts to rig benchmark interest rates.
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By Candice Zachariahs, Bloomberg |
April 11, 2013
The smart money shows no sign of losing confidence in the Australian dollar as analysts belatedly acknowledge the appeal of a high-yielding currency with a world-beating developed economy.
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By Liam Vaughan and Gavin Finch |
April 10, 2013
Royal Bank of Scotland Group Plc reportedly dismissed a London-based interest-rates trader after settling with regulators over the Libor scandal.
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By Matthew Leising |
April 9, 2013
The ISDA has hired consulting firm Oliver Wyman to make recommendations on how to modify its interest-rate swap pricing process.
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By John Detrixhe and Neal Armstrong, Bloomberg |
April 9, 2013
The yen strengthened from the lowest level in almost four years against the dollar on speculation its 6.4% slump against the greenback in the past three days was too rapid.
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By Matthew Leising |
April 8, 2013
The CFTC reportedly has issued subpoenas as part of an investigation into possible price manipulation of interest-rate swaps.
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By Ben Moshinsky |
April 2, 2013
The U.K.’s new banking regulator must explain to a panel of British lawmakers how it will restrict lenders’ proprietary trading.
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By David Glovin |
March 31, 2013
Several banks won dismissal of antitrust claims in lawsuits alleging they rigged the London interbank offered rate.
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By Emma Charlton, Bloomberg |
March 22, 2013
The euro rose from near a four-month low against the dollar amid speculation Cyprus is moving closer to a deal to stave off financial collapse and prevent contagion from infecting the rest of the region.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
March 20, 2013
The euro strengthened from a four- month low against the dollar as Cyprus sought alternatives to the European Union plan to help the nation avoid a banking collapse and the Federal Reserve maintained stimulus measures.