Trial

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Jury hears tape of Nomura bond trader

Sony Recorder

The three former Nomura bond traders on trial for lying to their customers about bond prices haven’t said whether they’ll testify in their own defense. But jurors still heard from one of them as he allegedly prepared to lie to a client.

'Rogue trader' seeks new trial

Gavel

Jerome Kerviel sought the suspension of a French trial into whether he is responsible for Societe Generale's $5.3bn trading loss eight years ago until a criminal court rules on the convicted rogue trader’s bid for a retrial.

Ex-HSBC's Falciani pleads case before journalists

Reading The News

Herve Falciani, the Frenchman wanted on charges of industrial espionage in Switzerland, has opted to skip his trial at the country’s top court and instead plead his case before a jury of journalists at a French hotel, less than a mile from the Swiss border.

UBS settles 'cr.p' lawsuit

Rubbish Bins

UBS avoided a trial with an agreement to settle a lawsuit in which it was accused of peddling 'crap' securities during the 2007 financial crisis.

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