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The Fed fines and bans former Barclays FX head

Barclays ATMs

The Federal Reserve Board on Friday announced that it has imposed a $1.2 million fine and a permanent ban on employment in the banking industry against Christopher Ashton, the former Global Head of Foreign Exchange (FX) Spot Trading at Barclays Bank, in connection with the manipulation of FX pricing benchmarks.

Words and wisdom from Goldman CEO Lloyd Blankfein

Lloyd Fonzie Blankfein

Goldman CEO Lloyd Blankfein was interviewed by Jeff Cunningham, professor of global leadership at Thunderbird School of Global Management and they discussed the company’s role in the financial crisis, corporate governance, and protecting firm reputation in this decidedly anti-business environment.


Deutsche Bank - Foyer Undersphere

Deutsche Bank wants pay back

Deutsche Bank expects former board members to pay substantial sums for their role in past misconduct which has tarnished the reputation of Germany's biggest bank, its chairman Paul Achleitner said on Thursday.

Deutsche Bank

Deutsche Bank faces more accusations

Deutsche Bank, on trial in Milan for allegedly helping Banca Monte dei Paschi di Siena SpA conceal losses, must face accusations that it was running an international criminal organization at the time.