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Banking pay-outs: Forex rate-rigging scandal will be bigger than Libor
The foreign exchange market is the largest financial market in the world, with transactions worth $5.4 trillion taking place every [...]August 24, 2015
HSBC, Barclays and RBS among nine banks signing up to $2bn US foreign exchange settlement
Nine banks including HSBC, Barclays and Royal Bank of Scotland (RBS) have agreed a $2bn (£1.3bn) settlement with US investors [...]August 14, 2015
FCA: Lessons still to learn from rate-rigging scandals such as Libor and forex
The Financial Conduct Authority (FCA) has warned banks are yet to fully apply the lessons learned from rate-rigging scandals such [...]July 29, 2015
Lord Mayor to tell Mansion House: City miscreants are guilty of theft
Lord Mayor Alan Yarrow will demand that the City’s bad eggs are made to pay for their misbehaviour, during a [...]June 9, 2015
Libor case: Senior Bank of England official “The Hammer” received emails from Tom Hayes’ brokers
A senior Bank of England official nicknamed “the Hammer” was sent emails that were part of an alleged campaign to [...]May 27, 2015
Banks clobbered by $6bn forex-rigging fine but share prices rise as penalties less severe than expected
Six of the world’s biggest banks were punished with a mega $5.7bn (£3.7bn) fine by financial watchdogs yesterday after foreign [...]May 20, 2015
Forex-rigging fines: Legal troubles continue to brew despite FX settlement
European banks embroiled in the FX-rigging scandal saw their shares rise yesterday after regulatory fines came in lower than unexpected, [...]May 20, 2015
Bid talk for Vodafone and forex bank fines prompt a FTSE rally – London Report
SPECULATION of a takeover bid for telecommunications giant Vodafone sent its share up yesterday – and the FTSE 100 along [...]May 20, 2015
Barclays and RBS share prices are rising on the back of the forex fine
The share prices of British banks Barclays and Royal Bank of Scotland are on the rise following the US attorney [...]May 20, 2015
US officials hand down multi-billion forex-rigging fine to UBS, JPMorgan, RBS, Citicorp and Barclays
US officials have confirmed the multi-billion-dollar bill being paid by five of the world's biggest banks for their involvement in [...]May 20, 2015Content tagged with "Forex rate-rigging scandal"
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