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Barclays Makes Public Apology

Barclays Canary Wharf

Barclays bank took out large UK newspaper ads Saturday to say sorry to 'all Barclays customers and clients' in the wake of a rate-rigging scandal which has hammered its reputation.

Timothy Geithner Pressed Mervyn King to Reform Libor in 2008

The Geithner Cliff

Top central bankers - Sir Mervyn King, governor of the Bank of England, and Tim Geithner, former head of the Federal Reserve Bank of New York - have been thrust into the centre of the Libor rate-rigging scandal as the focus turned to warnings by Barclays that rates were being manipulated during the banking crisis.



Morgan Stanley building

People News: Morgan Stanley, Cantor Fitzgerald

Gary Kaminsky, a vice chairman in Morgan Stanley's wealth management business, is moving into a part-time advisory role at the bank so he can co-host a television show about Wall Street, the bank confirmed on Thursday.