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Bank of England blasts Lloyds for rigging bailout funding

Bank Of England Building

The Libor-rigging scandal took a new twist on Monday when Lloyds Banking Group faced accusations of unlawful behaviour after being ordered pay compensation to the Bank of England for manipulating the fees it paid for emergency funding during the height of the banking crisis.

Ditch the handshake

Mummified Hand

The 'fist bump' - the greeting used by U.S. presidents, sports stars and rappers - has been given a clean bill of health, according to university scientists who released new research Monday showing that it could be more hygienic than the formal and business-like handshake.

Goldman 'babbles'


Goldman Sachs is spearheading an effort among Wall Street's leading banks to develop a chat tool called 'Babble' that could replace the instant messaging service on Bloomberg's ubiquitous terminals.

Ex-BofA trader spared prison

Bank Of America Corner Signs

A former Bank of America derivatives trader who pleaded guilty to conspiring to falsify documents was spared prison on Friday after spending years helping the government probe bid-rigging in the $3.7tril municipal bond market.