The U.S. Federal Energy Regulatory Commission’s probe of JPMorgan Chase demonstrates a renewed focus on market manipulation as the agency beefs up its oversight of the multibillion dollar energy-trading business.
Here are links to last week's top 15 stories.
Could this be an 'Arthur Andersen' moment ?
JPMorgan Chase's multibillion-dollar trading loss exposed an industry practice that U.S. regulators are now likely to clamp down on: banks keep investors in the dark about how they calculate trading risks.
Britain is abuzz with the Libor scandal, but so far it's been a yawn in the United States.
Mitsubishi UFJ Financial Group has suspended two London-based traders amid a growing investigation into the suspected manipulation of the Libor interbank lending rate.
Michael Rake, the deputy chairman of Barclays, said no one sees a cultural problem among senior staff at the bank, which has just lost its top three leaders to a scandal over rigging interest rates.
Barclays has announced that the Board of Barclays has reached agreement with former CEO Bob Diamond on various matters arising subsequent to his resignation.
Thomson reuters reports that completed Distressed Debt and Bankruptcy Restructuring activity totalled US$335.9 billion during the first half of 2012, a 223.9% increase compared to the US$103.7bn from the same period last year.
Here we go again.
This is the curious story of how a robot armed with a weekly budget of $100 in bitcoin managed to buy an illegal sustance - before getting arrested.
Goldman Sachs settled a discrimination lawsuit hours before testimony from an analyst who’d claimed she’d been deprived of pay, bonuses and a promotion because of her gender.
As Greece's stock market plunges and borrowing costs soar, analysts warned the country could be facing its "Lehman moment" as it faces bankruptcy.