A further six individuals are to face criminal charges in connection with the Libor scandal, the Financial Times has revealed. The newspaper says that those charged...
The Royal Bank of Scotland (RBS) looks set to cover half of its impending Libor fine using last year’s investment banking bonus pool. The bank is...
Recent debacles in banking from various insurance mis-selling scandals (payment protection and interest rate swaps), on-going IT failures (Natwest) and Libor fixing (Barclays, the first of...
Barclays chief executive Bob Diamond finally bowed to public and political pressure and resigned this morning. After securing board support on Friday evening and overseeing the...