WASHINGTON (Reuters) - Britain's Royal Bank of Scotland Group Plc settled charges it had manipulated the Libor interest rate benchmark, the top U.S. d...
Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...
(Reuters) - UBS Chairman Axel Weber raised the possibility of an industry-wide settlement for the rest of the banks involved in the Libor rate fixing ...
Instead of raising fares and proposing to charge riders a fee when they have to purchase a new Metro Card, the MTA should be looking to recoup millions of dollars that the big banks may have improperly charged them.
Standard Chartered Bank has agreed to settle charges that it engaged in as much as $250 billion of illicit banking transactions on behalf of Iran in recent years. But this is not the end of its troubles. It's just the beginning.
Until the culture within the banking sector is systematically overhauled by regulators whose policies reflect the moral code of our society as a whole, we will never put our banking sector in order.
Thing One: Barclays' Bad News: Barclays just can’t seem to escape that pesky Libor scandal. The bank reported its earnings on Friday and revealed th...
With 16 banks, including Barclays, being investigated for Libor manipulation and fraud, outrage is entirely appropriate. But when I first read this story, I had a somewhat different reaction due to my own personal Barclays story.
LONDON (AP) — The former chief executive of Barclays dropped out of Mitt Romney's Thursday night fundraiser in London, but Bob Diamond had already s...
July 25 (Reuters) - Jerry del Missier, who resigned as chief operating officer for Britain's Barclays bank earlier this month, will receive a cash p...
LONDON, July 24 (Reuters) - Trying to spot whether the Libor interest rate was being manipulated by tiny amounts would be "prohibitively expensive" ...