Libor Fixing Scandal: FSA Proposes New Rules and Regulations
UK regulator unveils proposed changes to regulation and supervision of benchmark interbank lending rate.
Libor Fixing Scandal: UBS Close to $450m Settlement with UK and US Regulators
Swiss bank close to becoming second major bank to reach deal with UK and US regulators after Barclays.
Manipulating the Power Markets: New Banking Scandal to Unfold?
With banks being blighted by a number of scandals, will the manipulation of the power markets be the next to break?
Libor Fixing Scandal: Nine Banks Added to New York and Connecticut Probe
The joint New York and Connecticut probe into alleged Libor manipulation extends its investigation by adding nine banks to subpoena list.
Rate Fixing Scandal: RBS Suspends Key Singapore Trader
Reports say that RBS suspended Chong Wen Kuang, a prominent government securities trader in relation to rigging Sibor.
Libor Fixing Scandal: Geithner Blamed for Lawsuit 'Deluge'
Treasury secretary bears brunt of blame over litigation costs related to Libor rigging.
Libor Fixing Scandal: FSA's Wheatley Condemns the British Bankers' Association
Martin Wheatley reveals that the UK regulator should be handed oversight for the change in how Libor is set
Libor Scandal: Regulators Push for Major Changes as RBS Faces New Allegation
EU lawmakers hear case for major changes as UK's FSA prepares recommendations for biggest reforms in decades.
Is Gold the Best Bet in the Long Term? A Look at the Future of Gold Investment Beyond QE3
Despite the recent peak in gold prices in anticipation of further economic stimulus by the US Fed Reserve, doubts over the precious metal as a safe investment persist.
Libor Fixing Scandal: Barclays Axes US Manager and Trader
Barclays discharged Ritankar Pal and Dong Kun Lee in July due to their role in the Libor scandal, say Reuters citing regulatory filings.
Exclusive: Wall Street Crackdown is Race for US Regulators
Former New York prosecutor Robert Juman says US regulators compete to become first to finalise charges against banks.
From Libor to Money Laundering: Time to Tidy up Fragmented US Legal System [ANALYSIS]
Numerous probes into money laundering and rate fixing scandals highlight need for fewer watchdogs.
Libor Fixing Scandal: Lloyds among 7 Banks Subpoenaed by Florida State
Bank of America, Societe Generale, Credit Suisse, Credit Agricole, Royal Bank of Canada, Rabobank Groep and Lloyds Banking Group hit by Florida attorney general Pam Bondi.
Libor Fixing Scandal: Seven Banks Receive Subpoenas from US Attorneys General
Deutsche Bank, Barclays, JPMorgan Chase, RBS, HSBC, UBS and Citigroup named in papers.
Libor Fixing Scandal: 7 Banks Subpoenaed by US Officials
US authorities are closing in on banks and individuals they are investigating for the possible manipulation of the London Interbank Offered Rate – or Libor by issuing subpoenas to seven banks.
Libor Euribor Fixing Scandal: Banks Cooperate for Lower Fines
Unnamed banks cooperate for lower fines in Euribor probe but IBTimes UK takes a look at why most banks would do this anyway to gain a discount on fines.
Libor Fixing Scandal: Deutsche Bank Internal Probe to Threaten Capital Boost and Risk Cuts?
Deutsche Bank revealed that it is strengthening its capital base and cutting risk, but is it enough to save its ailing share price and falling profits, in the wake of Libor investigations?
Libor Fixing Scandal: Global Banks and Brokers Will Not Join Forces to Reach Settlement
Market sources tell IBTimes UK that banks and brokers under investigation for Libor fixing are unlikely to join forces in reaching a settlement.
Libor Scandal: Banks Weigh Option of Group Settlement
The existence of different regulators for Libor is a major obstacle for banks to opt for group settlement.
Libor Fixing Scandal: Global Regulators Spur Rate Reviews from Tokyo to Toronto [VIDEO]
Following Barclays' record fine for Libor manipulation, the IBTimes UK examines efforts by key global regulators to tackle potential fraud in the $550tn benchmark.
Libor Scandal: Central Banks Planning to Scrap Benchmark as Global Probe Widens
Bank of England Governor Mervyn King to lead discussions with world's central bankers on shut-down of controversial $550tn benchmark
Libor Fixing Scandal: US Regulators Build Criminal Cases Against Bankers
US Justice Department identifies potential criminal wrongdoings by big banks and individuals in the interbank rate fixing in what is seen as one of the biggest financial cases.
PFG's Russell Wasendorf's $200m 'Boy Scout' Act
Like MF Global's Corzine, PFG founder Russell R Wasendorf Sr, was seen as a man of sterling repute and impeccable credentials.
Lessons Learned from Treasury Select Committee Public Flogging of Ex Barclays CEO Bob Diamond
One of the major things learned from Treasury Select Committee grilling of Barclays' newly resigned CEO Bob Diamond, is that they probably won't be up to the task of leading a parliamentary-led inquiry.
Libor Scandal: Barclays' Bob Diamond Says Mistakes, Reprehensible Behaviour and Trader Emails Made me Ill
Ex-Barclays CEO Bob Diamond faces Treasury select committee MPs in tough three-hour grilling.
Barclays in Crisis: UK Criminal Prosecution over Libor Scam Could Be 'Too Difficult'
Corporate barrister Owen Watkins tells IBTimes UK that Barclays' newly resigned CEO Bob Diamond and individuals involved in rate-fixing scandal may avoid UK criminal proceedings.
Libor Rate Fixing Scandal: RBS, Lloyds, HSBC Investigated Following Barclays' Settlement
Three of Britain's biggest lenders, RBS, Lloyds and HSBC are among the 17 banks and one broker that are being investigated, following Barclays' involvement in fixing two of the most important interest rates in the global financial markets which resulted in a record fine.
Barclays Chiefs Scrap Their Bonuses After Record Fine For Market Manipulation
Barclays CEO Bob Diamond and three other senior executives will forego bonuses following the record Financial Services Authority fine for interest rate market rigging
Barclays Share Price Up on FTSE 100 After Libor Penalty Report
Shares in British banks were up on the FTSE 100 in afternoon trading, despite a report that Barclays will be paying a £128 million penalty as a result of an investigation by the US Commodity Futures Trading Commission.
Catching the Next 'London Whale': New Rules Could Push Derivatives Markets East [VIDEO]
Lawyers say that as US, UK and European regulators battle to tighten derivatives supervision and rules and prevent a repeat of JP Morgan's 'London Whale' loss, could push businesses to Asia