Socially responsible investment (SRI) has the potential to grow rapidly in China, according to a report from finance giant UBS. Despite the concept of social enterprise...
Barclays has admitted to launching a probe into its foreign exchange trading operations. The bank, which was also implicated in the Libor scandal, faces further damage...
Dutch bank Rabobank has agreed to pay €744m (£637m) following an investigation into the Libor and Euribor scandal. The bank’s announcement confirms earlier reports suggesting that...
Martin Wheatley, chief executive of the regulator the Financial Conduct Authority (FCA), has said the regulatory system was moving towards placing “far more emphasises on good...
Pharmaceuticals giant GlaxoSmithKline (GSK) saw its drugs sales in China fall 61% between July and September. The decline follows a bribery investigation that began in July....
Rabobank could be set to face a fine of nearly $1 billion (£618m) after the Dutch bank was accused of helping manipulate Libor and other interbank...
The chief executive of the Financial Ombudsman Service (FOS), Natalie Ceeney, has said that the increasing number of complaints about financial service providers is due to...
An additional 22 people could face charges in the Libor rigging scandal, a court has heard. The employees, from various banks, have been identified as potential...
16 armed forces charities will share £2.5 million from a fund created from penalties taken from banks after the manipulation of the Libor inter-bank lending rate,...
Vatican Bank director Paolo Cipriani and his deputy Massimo Tulli resigned from their posts on Monday after three people, including a priest, were arrested in June...
In response to Tesco’s statements about the horsemeat scandal, I offered a spoof apology for the supermarket chain: the apology I wished it would have offered....
After a year to forget in 2012, Barclays chief executive Antony Jenkins appears intent on restoring the bank’s Quaker principles of honesty, integrity and plain-dealing. Will...
HSBC was today fined £1.2bn (1% of market capitalisation) over US claims that it was engaged in money laundering for terrorists. Its “profoundly sorry” CEO, Stuart...