In politics, there's a saying about what gets you in hot water: it’s not the crime; it’s the cover-up. In the financial industry you might say: it’s not the crime; it’s the clean-up.
'Ruthless prioritization' is in order.
Banks including Barclays that are enmeshed in the global investigation into potential manipulation of foreign-exchange markets are looking into the possible roles played by their salespeople, according to people familiar with the matter.
There are still many more shoes to drop, after the much anticipated JPMorgan Chase $13bn settlement, say industry watchers.
The relentless drudgery of working nine 'til five is a common gripe all over the world, but according to a survey by recruitment website Monster.com, U.S. workers hate going to the office the most.
Financial Conduct Authority launches preliminary review into possible rigging of gold benchmarks
BNP Paribas has almost completed an internal review into dollar payments that may have been made in breach of U.S. economic sanctions, saying it will now present its findings 'in the near future'.
It's a squeeze.
Currency dealers in London gave information about client orders to day traders who then made bets on their behalf, sidestepping restrictions on personal trading, three people with knowledge of the practice said.
Saudi Arabia’s Public Investment Fund is seeking to hire bankers for international deals to help the kingdom acquire overseas technology and expertise, four people with knowledge of the matter said.
The media frenzy over the 'cartel chat room' made it easy to work out the name of an ex-Barclays trader from the U.K. Financial Conduct Authority’s reports on the currency-manipulation scandal, his lawyer told a London court.