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.
EADS appoints PwC to launch parallel investigation
Defence giant EADS has appointed accountancy firm PwC to launch a parallel investigation to the Serious Fraud Office's (SFO) probe into the group's £2bn with Saudi Arabia, which has been marred with bribery allegations.
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.
UK Property: Barrier to Economic Recovery
The UK's property market is putting up an unwelcome barrier to economic recovery as the country muddles its way through the most serious double-dip recession for fifty years.
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.
Geek Speak: Games Almost Too Terrifying to Play [BLOG]
It's a wonder that some video games are ever completed because, as Geek Speak's Lianna Brinded finds out, some are almost too scary.
Libor Fixing Scandal: Seven Banks Receive Subpoenas from US Attorneys General
Deutsche Bank, Barclays, JPMorgan Chase, RBS, HSBC, UBS and Citigroup named in papers.
Standard Chartered Aims for Group Settlement with US Regulators
Standard Chartered is trying to settle with other US regulators as on as possible, after it agreed to pay the NY state regulator $340m in civil penalties.
Asian Growth Economies at Greatest Financial Risk from Natural Disasters
Some of Asia’s most important growth economies have the highest financial risk from the threat of natural hazards, says risk analysis firm Maplecroft, just one week after the flooding of Manila, Philippines.
Natural hazards: Asia growth economies at financial risk
Some of Asia's most important growth economies have the highest financial risk from the threat of natural hazards – that's according to risk analysis firm Maplecroft's latest report - Natural Hazards Risk Atlas.
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.
Standard Chartered Settles for $340m on Iran Money Laundering Charges
UK-listed Standard Chartered reaches a $340m settlement with New York State regulator over a quarter of a trillion US dollars of transactions linked to Iran.
Libor Fixing Scandal: Ex-Barclays Trader Jay Merchant Leaves UBS
The scandal around the manipulation over the London Interbank Offered rate – or Libor – has heated up – after UBS revealed that one of its employees has left the bank.
Libor Fixing Scandal: Ex-Barclays Trader Jay Merchant under Investigation Exits UBS
UBS' head of swap trading quits bank after probe into rigging of Libor during his time at Barclays.
Standard Chartered's Consultancy Deloitte Denies Aiding Money Laundering
Standard Chartered's consultancy Deloitte, named in New York Department of Financial Services filings against bank for hiding transactions linked to Iran, slams claims.
BP To Sell $2.5bn California Refinery and Assets to Tesoro
Independent refiner Tesoro revealed it will buy BP refinery in Carson, California and related assets for about $2.5bn
Geek Speak: 4 Ways that Gaming Can Ruin Your Life [BLOG]
Video gaming may be one of most enjoyable pastimes in recent history, but Geek Speak's Lianna Brinded looks at how it can turn nasty.
Julius Baer Buys Merrill Lynch’s Private Bank
Swiss private bank Julius Baer snaps up Merrill Lynch’s private bank outside the US, following the latest in a series of banks selling off assets of this kind.
Standard Chartered Prepares for Hearing
Standard Chartered is preparing to defend itself against allegations from the New York state financial regulator that it hid a quarter of a trillion US dollars in transactions tied to Iranian clients in a hearing.
Standard Chartered Prepares for Iran Money Laundering Hearing
Standard Chartered set to face New York state regulator over allegations it broke Iran sanctions with hidden transactions.
Libor Fixing Scandal: UK Treasury Releases Wheatley’s Libor Battle Plans
The UK’s Financial Services Authority’s managing director, Martin Wheatley, released his review and battle plans for tackling Libor in the wake of the Barclays scandal.
Geek Speak: Best Nerd Proposals of All Time [BLOG]
Geeks may be stereotyped as girlfriendless recluses but Geek Speak’s Lianna Brinded shows that when they do propose, they do it in epic style.
Libor Fixing Scandal: Bank of Tokyo-Mitsubishi UFJ Suspends Third Trader
Bank of Tokyo-Mitsubishi UFJ (BTMU) confirms it has sent home its third London-based banker - but will not be drawn on Libor link.
South Korea Investigates Standard Chartered and HSBC for Money Laundering
South Korea's Financial Supervisory Service regulator opens investigation into Seoul branches of Standard Chartered and HSBC.
Standard Chartered CEO Peter Sands Hits Back at New York Regulator over Iran Sanctions Row
Standard Chartered's Peter Sands denies bank broke US sanctions and slams New York regulator for threat to revoke US banking licence.
Why the London Riots will Happen Again [ANALYSIS]
As anniversary of English riots passes, Lianna Brinded examines how unanswered questions around shooting of Mark Duggan and the state of youth culture will spark more violence.
Standard Chartered Likely To Face More US & EU Investigations and Charges
US, UK and European legal experts tell IBTimes UK that it is likely that the New York state filing charges against Standard Chartered for money laundering to fund terrorism is only the tip of the iceberg.
Standard Chartered and Breaking Sanctions: The US Legal Perspective
With Standard Chartered vehemently denying accusations of the group acting as a "rogue institution" that wilfully broke US sanction laws against Iran for money laundering purposes, IBTimes UK takes a look at the legal arguments.
Standard Chartered Shares Plunge on Iran Money Laundering Accusations
Shares in emerging markets bank fall by double digits, despite Standard Chartered rejecting accusations that it acted as a “rogue institution” by funnelling Iranian money through the US in a case that echoes HSBC.
Olympic Athlete Stocks On The Rise: Pricing Usain Bolt, Jessica Ennis, Michael Phelps
As we hit the half-way point of the London 2012 Olympics, IBTimes UK takes a look at which of the Games' three biggest stars would be the best bet if investors could buy shares in Olympic athletes.
