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Fca Must Act In Wake Of Judges Criticism Of Failure To Bring Top Bankers To Book For Libor Scandal - Latest News


FCA must act in wake of judge's criticism of failure to bring top bankers to book for Libor scandal

A judge’s sharp criticism of the Financial Conduct Authority for its failure to go after top bankers has put a cat right into the middle of the City regulator’s pigeons. It came as a result of Arif Hu... read more

Australia's AMP feels shareholder wrath over misconduct

SYDNEY (Reuters) - Top Australian wealth manager AMP Ltd faced an investor revolt at its annual meeting on Thursday, with shareholders voting overwhelmingly against its executive pay plans in ... read more

Barclays accused of making £500m out of hunger after speculating on global food prices

Barclays has ... It's a fresh storm of criticism for the bank, which is one of a number of global banks under investigation over the rigging of the crucial Libor interest rate which sets borrowing cos... read more

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Gecko-like greed in London's LIBOR scandal

Not such a big crime perhaps when there are traders in many of the top global banks who believed it was ordinary business to rig the key interest rate in the market. Bankers ... and now LIBOR, the Cit... read more


StanChart plans to bring Asian operations under two main hubs

LONDON (Reuters) - Standard Chartered (STAN.L) is drawing up plans to consolidate its Asian operations into two hubs - one in Hong Kong and one in Singapore - in order to better manage its capital, a ... read more

Rock or crock?

Such the was unambiguous implication of the Bank Governor’s statement to the Treasury Select Committee on Wednesday on the circumstances in which the Bank is prepared to act as lender of ... But perha... read more

Barclays braced for £500m of fines: Bank puts aside huge sum to pay for penalties it expects for rigging foreign currency market

The high street bank has become the first UK bank to brace itself for a huge penalty over the latest financial scandal. Royal Bank of ... paid in 2012 for rigging inter-bank Libor interest rates. The ... read more

Shruti Tripathi Chopra

Empty retail spaces in the UK are being filled by cafes, restaurants and betting shops instead of retailers, a report by the Local Data Company (LDC) has found.The report reveals that the high street ... read more

KUWAIT TO LURE FOREIGN CAPITAL, KEEP MONEY AT HOME

soccer World Cup at the Volgograd Arena in Volgograd, Russia, Mon- day, June 25. Saudi Arabia edged Egypt 2-1. (AP) — See Page 34-36 This handout picture released on June 25 shows Turkish President Re... read more

A lack of money isn't the problem: it's time to shrink

The problem with depressions, not that I've ever been awake during one before, is that you tend to get caught up in the minutiae of the moment – the gripping Libor-rigging scandal ... and finance pres... read more

Project Merlin: The details

Here are the main details of the long-awaited Project Merlin deal between ... parts of the UK, on top of the £1.5bn of equity capital they have pledged over ten years (ministers insist this £1bn is ad... read more



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