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Banks told to record questioning of employees

Tape Cassette

Banks under investigation for currency rate-rigging were told to record all questioning of employees and hand them over to investigators, as the U.K. markets regulator seeks to prevent interference with the probe, according to four people with knowledge of the case.

Mystery diner leaves thousands in tips

Pile Of Coins

Since early September, a mysterious diner (or diners) has been leaving tips of over-the-top amounts at various restaurants across the country, stirring up skeptics and speculators alike and garnering huge attention across social media platforms.

RBS and S&P sued by European investors


Royal Bank of Scotland and rating agency Standard & Poor's have been sued by a group of European institutional investors for damages of up to $250m suffered on complex financial products in the lead-up to the global financial crisis.

UBS announces executives changes

UBS sign

John Fraser, who has been Chairman and CEO Global Asset Management since 2001, has decided to retire from his CEO role and as a member of UBS's Group Executive Board, effective 31st December 2013. This follows a long and distinguished career at UBS and in finance which began in the Australian Treasury and has spanned five decades.

Deutsche Bank is big sorry

Deutsche Bank - Foyer Undersphere

Deutsche Bank is committing about $2.3 billion to prove it's sorry that some of its employees rigged interest rates.




Barclays said sounding out buyers for wealth unit

Barclays is sounding out potential buyers for its Asian wealth-management business as Chairman John McFarlane refocuses Britain’s second-largest bank on the most profitable businesses in the U.S. and U.K., said two people with knowledge of the matter.