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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.

D.A. Davidson announces hire of new MD

For Hire

D.A. Davidson & Co., a full-service national investment banking firm, has announced that it has hired Brien Rowe to join its growing investment banking team as managing director in its consumer and retail sector.