People are rightly appalled at the way bankers manipulated Libor, a benchmark interest rate that influences the value of hundreds of trillions of dollars in financial contracts worldwide.
Nomura’s domestic securities unit should be penalized after employees leaked information about clients’ share sales, Japan’s financial watchdog said following a probe into insider trading.
Germany's biggest bank, Deutsche Bank, prepared the ground for regulatory action in the Libor rigging scandal by admitting that a 'limited number' of its staff had been involved.
This is just one of the fascinating results which SJD Accountancy, the UK’s largest accountancy firm for contractors and freelancers, announced Tuesday – following a detailed survey which was carried out in July across its 11,000+ contractor client base.
According to a report released by Credit Suisse Research Institute, companies with at least one woman on the board have outperformed in terms of share price performance those with no women on the board over the course of the past six years.
Deutsche Bank's 1,500 is just the start.
Peter Ghavami, former co-head of UBS’s municipal-derivatives group, and two former co-workers were accused by prosecutors of lying and stealing from U.S. cities and towns by conspiring to rig bids for investing proceeds of municipal bond sales.
The largest banks and insurers are at least two decades behind their peers in the aviation industry in managing risk, according to a new assessment of their reactions to recent scandals including rogue traders, potential Libor-rigging, money-laundering and widespread IT failures.
In case you missed them, here's last week's top stories.
Here it is.