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Asil Nadir sentenced to 10 years

Asil Nadir sentenced to 10 years

The Old Bailey trial of former Polly Peck tycoon Asil Nadir has finally ended today, as he received a 10 year sentence for stealing £46million pounds from the Polly Peck Empire 20 years ago.
Everything Everywhere to launch 4G in UK

Everything Everywhere to launch 4G in UK

Everything Everywhere, the company formed from the merger of Orange and T-Mobile, has announced it will start providing next-generation 4G mobile internet from 11 September.
Libor Fixing Scandal: Florida subpoenas six banks

Libor Fixing Scandal: Florida subpoenas six banks

The race for regulators to crack down on banks that are being investigated for the possible manipulation of the London Interbank Offered Rate – or Libor- has intensified, after the Florida State regulator issued subpoenas to six banks.
Standard Chartered Settles for $340m with NY Regulator

Standard Chartered Settles for $340m with NY Regulator

Standard Chartered has settled with the New York State Department of Financial Services - or DFS - following the regulator's charges that it hid at least a quarter of a trillion US dollars' worth of transactions linked to US-sanctioned Iran.