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'Big Nose' and 'Lord Libor' stand trial


Former ICAP brokers known as 'big nose' and 'Lord Libor' helped Tom Hayes rig the London interbank offered rate “enthusiastically” over four years, prosecutors said on the first day of the second trial into benchmark manipulation.

Wall Street settlement compliance under investigation

Capitol Hill United States

The top Democrat on the U.S. Senate Banking Committee is conducting a wide-ranging inquiry into Wall Street’s compliance with government enforcement settlements, following complaints that banks keep getting in trouble after being punished by regulators.

Deutsche Bank - What Anshu Jain regrets

Anshu Jain

Anshu Jain, who stepped down as co-chief executive officer of Deutsche Bank in June after 20 years at the company, said he regrets that its transformation into a global bank didn’t translate into a rising share price.



Houses Of Parliament

Sir Philip Green: 10 things we learned at the BHS Commons inquiry

The billionaire businessman revealed there had been contact with the Pensions Regulator in recent days, adding (snidely): “The regulator made a phone call - maybe someone bought them a telephone.” However, his comments seem to make it difficult for him not to agree a pensions deal from here.