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...
US investment bank JP Morgan has reached a settlement agreement with federal prosecutors, after it was accused of ignoring warnings over fraud crimes by former trader...
The European commission has said it is imposing fines on eight financial institutions – including the British-based Royal Bank of Scotland (RBS) – over accusations that...
US investment bank JP Morgan has reached a deal with US authorities which will see the bank fined a record $13 billion (£8 billion) over allegations...
Lloyds Bank has announced that it has set aside a further £750m for anticipated claims for mis-sold payment protection insurance (PPI) by consumers. The part state-owned...
American investment bank JP Morgan has reached a deal with US regulatory body, the Commodities Futures Trading Commission (CFTC), over its part in the ‘London Whale’...
UK regulators are not backing down against bad behaviour in the financial sector, according to research carried out by audit firm EY. The study looked at...
US investment bank JP Morgan Chase has been fined $920m (£573m) for concealing so-called ‘London Whale’ trades that led to losses of $6.2 billion. Regulators in...
More than two-thirds of charitable organisations fail in obtaining loans from high street banks, according to a survey by the Charity Technology Trust (CCT) and commissioned...
If you want to make use of the new current account switching service to make a fresh start with a new bank, but you’re not sure...
The Citizens’ Advice Bureau (CAB) claims that 32 million people across the UK have been the victim of nuisance calls regarding payment protection insurance (PPI). The...
The investment industry is a maze of complexity. Somewhere in the process – which is governed to a large degree by computers and algorithms – are...
Some 2,436 City bankers received annual wages in excess of £870,000 in 2011, according to the European Banking Authority (EBA), as the row over excessive pay...
A judge is considering rejecting a deal that would open HSBC up to criminal prosecution in court, prison for executives, massive fines and no freedom to...
Co-operative Asset Management’s £750m range of ethical funds will no longer invest in Barclays, following concerns regarding the bank’s involvement in rigging the Libor rate. Barclays...