Barclays has admitted it "terminated" the employment of five people involved in the Libor scandal and conceded it is reviewing as many as 80 other financial instruments where it helps to set the price.
Celebrating their 140th Anniversary, this festive tradition provides a fitting finale to their special year.
Former Credit Suisse trader Kareem Serageldin expects to reach a plea agreement with the U.S. government over allegations of a $3bn fraud involving subprime mortgage bonds, a British court heard on Wednesday.
The European Central Bank will be allowed to keep private files showing how Greece used derivatives to hide its debt after defeating the first court challenge using the bloc’s freedom of information rules.
Knight Capital Group capped its biggest rally in nine years after getting takeover offers from Getco LLC and Virtu Financial LLC, setting up a bidding war that may end its 17-year history as an independent company.
The possibility of breaking up banks into investment and commercial or retail operations appears to be gaining renewed interest in some quarters – with Mark Carney’s appointment as Governor designate of the Bank of England adding to the enthusiasm for this idea.
The U.S. Environmental Protection Agency (EPA) has announced that it has temporarily suspended BP Exploration and Production, Inc., BP PLC and named affiliated companies (BP) from new contracts with the federal government.
Here are links to last week's top 20 stories.
A Citigroup official said in 2010 that Thomas Hayes, who is on trial for manipulating Libor, openly discussed at a meeting how he influenced benchmark rates while at UBS.
31 year old ex-City worker, Paul Hopper - formally at Investec - is the founder of HOP Vietnamese.
Congressmen slammed Obama administration officials for hiring a failed hedge fund manager, but they made a big mistake.