Category: Top Stories


Criminal bankers have brazenly milked the system. Let’s change it

The Guardian Will Hutton Sunday 24 May 2015 00.05 BST Conflicts of interest and opportunities for price rigging must be outlawed The world’s biggest banks had been steeling themselves for months before the US Department of Justice’s rulings on manipulation in…

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Public Demand For Individual Accountability Resonates

Forbes Dina Medland 5/25/2015 @ 5:27PM Amid a plethora of corporate scandals and media tales of the multiple ways in which individuals in senior positions shake them off, like water off the proverbial duck’s back, does the rising tide of…

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An insolvency watchdog with bite is needed

London Evening Standard Chris Blackhurst Published: 20 May 2015 Updated: 13:41, 20 May 2015 If all had gone to plan at university, by now I would be a rich City lawyer or a silk. As my tutor put it on my first…

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Osborne turns to City insiders as he finally picks own team

The Times Kathryn Hopkins, Philip Aldrick and Nic Fildes Published at 12:01AM, May 26 2015 George Osborne has begun his second term as chancellor with only one member of the ministerial team at the Treasury still present five years on….

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First Libor fixing trial starts today with UBS suspect facing 10 years in jail if guilty

Published: 01:03, 26 May 2015 | Updated: 07:50, 26 May 2015 Tom Hayes, 35 from Surrey, faces eight charges as part of first jury trial  He was arrested in December 2012 as part of Serious Fraud investigation  Charges relate to…

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Fining bad apples won’t stop the rot in our banks

May 22, 2015 By: Christine Berry On Wednesday, five of the world’s biggest banks (RBS, Barclays, Citigroup, JP Morgan and UBS) reached a much-anticipated settlement with US and UK regulators over charges including the rigging of the foreign exchange (forex)…

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Metro boss tells how he was glad to get away from RBS – and blasts banking rivals that STILL abuse their customers’ trust

By Vicki Owen, Financial Mail on Sunday Published: 22:03, 23 May 2015 | Updated: 11:01, 24 May 2015 It was not a difficult decision for Craig Donaldson when he was approached to help launch Metro Bank in the UK. Before…

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RBS embroiled in £70m mis-selling scandal Compensation for thousands of customers

23 May 2015 RBS Group is offering compensation to 24,000 customers, including some Which? members, after admitting to widespread mis-selling of complex ‘structured deposit’ investments, Which? can exclusively reveal.  Between 2009 and 2013, Royal Bank of Scotland (RBS) and NatWest…

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Billions in fines won’t change banks’ practices: Bloomberg View

By Syndicated columns Follow on Twitter on May 22, 2015 at 3:55 PM, updated May 22, 2015 at 3:56 PM By Matt Levine This combination made from file photos shows signage for four banks, Barclays, Citigroup, JPMorgan Chase, and the Royal…

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Tyrie’s Treasury committee rivals step aside

The Times Harry Wilson City Editor Last updated at 12:01AM, May 22 2015   Two of the challengers to Andrew Tyrie for the chairmanship of the Treasury select committee have effectively enabled him to be re-elected unopposed to one of…

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