Skip to content
CityAM
Main navigation
Sign Up
  • News
    • Latest News
    • Property
    • Media
    • Technology
    • Retail and leisure
    • Transport and infrastructure
    • Law & professional services
    • Legal Notices
    • Banking
    • Politics
    • CFA Institute Talk
  • Markets & Economics
    • Markets & Economics News
    • Economics
    • Markets
    • The Trend Micro Cybersecurity Knowledge Hub
    • Talk Crypto
    • Schroders Talk
    • M&A Talk
  • Crypto A.M.
    • Crypto News
    • Crypto Magazine
    • Crypto AM Summit & Awards 2022
  • Opinion
    • Features
    • Letters
    • The City View
  • Money
    • Jobs and Money News
    • Personal Development
    • Jobs
    • Fintech
    • Money
    • Personal Finance
    • Doceo
    • Warwick Business School
  • Unwind
    • Life & Style
    • Sport
    • The Punter
    • LIV Golf
    • Travel
    • Sport Business
    • The Punter Podcast
    • Aramco Team Series
    • Culture
    • The Magazine
    • The DiverCity Podcast
  • Impact A.M.
  • Latest Paper
  • Jobs
  • CityAM Awards 2023

Banking

  • Libor trial: Barclays trader thought compliance team knew of rate setting emails, court hears

    April 11, 2016

    One of the former Barclays traders standing trial over conspiracy to manipulate the US dollar Libor rate says he thought the bank's compliance department had access to emails between traders and rate setters, a court heard today. Defence lawyers for Stylianos Contogoulas told the court: "These messages were not transmitted with a nod and a wink." The Serious Fraud Office (SFO) has alleged that [...]

  • Libor scandal: Witnesses to be called this week in trial of five ex-Barclays employees accused of conspiring to rig Libor

    April 10, 2016

    The first witnesses are due to testify this week in the trial of five ex-Barclays bankers who are accused of working together to rig Libor. Former Barclays traders Stylianos Contogoulas, Jay Merchant, Alex Pabon and Ryan Reich, along with one of Barclays' former Libor submitters Jonathan Mathew, have been charged with conspiracy to defraud on [...]

  • Libor scandal: Former Barclays banker did not benefit from changing the Libor rate and was only doing as he was told, court told

    April 8, 2016

    One of the five former Barclays bank employees standing trial for manipulating Libor interest rates only did what he was told to by his boss and received no financial reward, a court heard today.  Junior banker at Barclays' Jonathan Mathew, who joined at the age of 19 after achieving three A-levels, did not stand to gain from the profit made by [...]

  • The European Commission just refunded Societe Generale’s €218.6m of its Euribor rigging fine

    April 8, 2016

    We're used to banks paying out multi-million pound fines for their various misdeeds when it comes to Libor/Euribor/FX rigging – but now one French bank has had a reprieve. Societe Generale said this morning that the European Commission had decided to refund €218.17m (£175.81m) of its €445.88m Euribor-rigging fine. Former employees of the bank, as [...]

  • Libor scandal: Top bosses must have known about rate rigging, alleges former Barclays trader

    April 7, 2016

    A former Barclays banker who is currently standing trial accused of offences related to manipulating Libor has alleged that his bosses must have known about the rate-rigging scandal, a court was told today. Former Barclays traders Stylianos Contogoulas, Jay Merchant, Alex Pabon and Ryan Reich, along with one of Barclays' former Libor submitters Jonathan Mathew, [...]

  • EU referendum: Credit Suisse staff told to avoid discussions around Brexit

    April 7, 2016

    Credit Suisse has asked its employees to avoid discussions around Britain's EU referendum. The Swiss lender has issued guidance telling staff not to attend or arrange client events where a so-called Brexit may be discussed, and not to talk about the issue in public. Read more: Credit Suisse: Brexit could benefit Jeremy Corbyn The memo was sent [...]

  • A drop in footfall means RBS, HSBC, and Barclays could all be about to close more branches around the country

    April 6, 2016

    A continuing slide in the number of people using bank branches means three of Britain's biggest banks could be considering closing the doors on hundreds between them this year.  RBS, HSBC, and Barclays have all said they are reviewing the number of branches they operate but were unable to comment on specific numbers.  It was earlier reported by [...]

  • Libor scandal: Those trading with Barclays would have felt cheated by accused bankers if they had heard about alleged actions

    April 6, 2016

    Those trading with Barclays would have felt cheated if they had got wind of what the five accused bankers had allegedly done, said the lawyer for the fraud squad today. Former Barclays traders Stylianos Contogoulas, Jay Merchant, Alex Pabon and Ryan Reich, along with one of Barclays' former Libor submitters Jonathan Mathew, have been charged with conspiracy to [...]

  • Moneycorp warns over uncertain year ahead as Brexit fears bite

    April 6, 2016

    Moneycorp, the foreign exchange firm recently granted a banking licence in Gibraltar, has warned the outlook for 2016 is uncertain due to doubts surrounding a potential British exit from the European Union.  A so-called Brexit could cause extreme currency volatility that firms are finding difficult to prepare for.  Yesterday it was revealed Britain’s foreign currency reserves reached a [...]

  • HSBC and Credit Suisse bite back over Panama Papers claims

    April 5, 2016

    Two big names from banking to have been caught up in the Panama Papers data breach came out fighting this morning, hitting back at allegations that they were using offshore structures to help their clients cheat the taxman.  The information obtained by the International Consortium of Investigative Journalists (ICIJ) from a leak relating to Panama-headquartered law firm [...]

Posts navigation

  • Previous
  • Page 1
  • …
  • Page 494
  • Page 495
  • Page 496
  • Page 497
  • Page 498
  • …
  • Page 509
  • Next

Trending Articles

  • Severn Trent becomes first FTSE 100 firm to have female chair, CEO and CFO

  • The Bank of England appears to have learnt from earlier mistakes

  • Forget the IMF, the Bank of England are the real doomsters in this UK recession merry-go-round

  • Fibre advancing 'like fury' but will £5bn infrastructure spend turn round BT's share price woes?

Subscribe

Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • About us
  • Advertising
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • News
  • Markets & Economics
  • Opinion
  • Jobs and Money
  • Unwind
  • Crypto A.M.
  • The Punter
  • COP 26
  • Awards 2023

Follow us for breaking news and latest updates

  • Newsletters
  • Latest paper
  • Advertising
  • CryptoAM.io
  • Awards
  • About
  • Tickets
Copyright 2023 City A.M. Limited