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BNP Paribas insider probe dropped

Gavel

French prosecutors said on Wednesday they were dropping an inquiry into alleged insider trading by several executives at BNP Paribas after finding no signs of wrongdoing.

Pressure rises for Standard Chartered board

Standard Chartered Shanghai Towers

A $300m fine on Standard Chartered for lapses in anti-money laundering controls has piled pressure on the bank's board, coming after a series of transgressions and a drop in earnings that had prompted calls for change at the top.

HSBC will probably spend less on compliance

HSBC branch

HSBC Chairman Douglas Flint said the cost of policing potential wrongdoing will probably decrease after Europe’s largest bank by market value spent billions of dollars to toughen its internal controls in the wake of a series of scandals.

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Gavel

BNP Paribas insider probe dropped

French prosecutors said on Wednesday they were dropping an inquiry into alleged insider trading by several executives at BNP Paribas after finding no signs of wrongdoing.