Three former ICAP employees were charged by U.S. prosecutors and the interdealer broker was fined $88m as the five-year-old probe into the rigging of benchmark interest rates ensnared another financial institution.
Crooked bankers and insider traders would have no safe havens under planned global guidelines for market-abuse penalties, amid concerns some countries don’t have strict enough rules.
Wealth among Asia-Pacific millionaires may top North America’s as soon as next year as Japanese economic growth boosts investor returns in the country, a report by Cap Gemini and Royal Bank of Canada showed.
Faced with a recent decline in revenue from their bond and interest rate trading activities, some banks have already been cooling expectations over their next set of results.
New York Life Insurance has agreed to acquire a Dexia SA unit for $512m as it expands its business of managing money for investors.
Spain’s anti-corruption prosecutor accused 61 PricewaterhouseCoopers partners of committing tax crimes, saying they failed to declare a total of $28.4m in bonus payments.
Mathew Nash talks of his dalliance with supporting Watford FC in the Carling Cup this season.
Reports are indicating that former players Rob Jones, Steve Mcmanaman and Robbie Fowler could be in line for roles at the academy
Manchester United boss David Moyes has promised one or two signings who will go straight into the first team at Old Trafford.
Gary Speed's contribution to Newcastle and Leeds will be celebrated by fans during tonight's League Cup tie.