-
By Lindsay Fortado and Jim Brunsden |
April 16, 2013
Regulators will seek to eliminate conflicts leading to manipulation of benchmark lending rates while investigations into Libor fixing continue.
-
By Gavin Finch and Liam Vaughan |
February 7, 2013
Interdealer brokers are emerging as key enablers in the Libor scandal after three firms paid a total of $2.6 billion for rigging global interest rates.
-
By Gavin Finch and Liam Vaughan |
January 24, 2013
Christian Bittar reportedly lost about $53 million in bonuses after he was fired for trying to rig interest rates.
-
-crop-96x96.jpg)
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.
-
By Lindsay Fortado and Greg Farrell |
December 13, 2012
UBS AG may be fined more than $1 billion by U.S. and U.K. regulators for trying to rig global interest rates.
-
By Press Release |
December 13, 2012
Federal court issues emergency order freezing the defendants' assets, permitting expedited asset discovery, and protecting books and records.
-
By Howard Mustoe, Bloomberg |
December 11, 2012
HSBC Holdings Plc, Europe’s largest bank, agreed to pay $1.92 billion to settle U.S. probes of money laundering in the largest such accord ever.
-
By Greg Farrell and Howard Mustoe, Bloomberg |
December 10, 2012
HSBC Holdings Plc will pay at least $1.9 billion to settle U.S. probes of money laundering allegations involving Europe’s largest bank, a person familiar with the matter said
-
By Howard Mustoe, Bloomberg |
December 10, 2012
Standard Chartered Plc, Britain’s second-largest bank by value, agreed to pay $327 million of fines relating to transactions with Iranian clients that may have violated U.S. sanctions.
-
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.
