Vince Cable has urged shareholders in UK banks to rise up and purge their companies of corrupt executives, who he says have allowed 'systemic abuse' to take root in the banking system.
Last month, lawmakers from the ruling Democratic Party of Japan announced they will convene a panel to figure out how to stop an insider-trading problem they have been working on since 2006.
Barclays has this morning announced the resignation of its Chairman, Marcus Agius. Who's next ?
Even if he hasn't yet debased the coinage, Bob Diamond has certainly done his bit to debase further the language of British public life. Confronted with a clear ruling that Barclays traders had lied and cheated in seeking to rig a key interest rate used to determine everything from mortgages to credit card bills, Diamond put his hands up and conceded that the traders' action had been "wholly inappropriate".
The government will ban the bosses of failed banks from working in the financial industry, the chairman of the City regulator has said.
Tony Blair has admitted taking advice from accountants on establishing a company structure that keeps his business affairs confidential, but insists he does not avoid tax.
David Cameron has rejected a call by the Labour party for an independent inquiry into Britain's banking industry after the £290m fine imposed on Barclays for manipulating interest rates.
Sir Mervyn King, the governor of the Bank of England, piled the pressure on the City on Friday when he said something had gone 'very wrong' with Britain's banks that needed to be put right.
Ex-Wall Street banker Michael Marin may have swallowed a poison pill during his courtroom conviction for arson, news reports say. He died soon after.
Stephen Hester, chief executive of Royal Bank of Scotland, has bowed to pressure caused by the ongoing row about the computer meltdown at the bailed out bank by forgoing a bonus of up to £2.4m for 2012.
A Goldman Sachs Managing Director told a jury he began investigating possible theft of the company’s computer code after being alerted to data transfers of 'reasonably substantial size'.
Eleven restaurants are scheduled to start opening this week at Broadgate Circle, in the City of London, as part of a plan to create a new food-and-drink hub in the financial district.
HSBC has had a rough time of it lately.