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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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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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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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Barclays fined record $2.4bn over forex fix

Barclays paid $2.38bn to the regulators, including £284m to Britain’s financial watchdog Matt Dunham/AP The Times Harry Wilson, City Editor, and Alexandra Frean Published at 12:01AM, May 21 2015 Six of the world’s largest investment banks, including Barclays and Royal…

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Barclays and RBS among five major banks set to be fined £3.8bn by U.S. authorities for rigging foreign currency rates

By James Salmon for the Daily Mail Published: 22:00, 17 May 2015 | Updated: 22:58, 17 May 2015   UK giants as well as Citigroup, JP Morgan and UBS expecting huge fines Rogue traders, banks and brokers conspired to rig forex market…

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Barclays and Royal Bank of Scotland hit with penalties worth nearly £3bn for rigging foreign exchange markets

By City & Finance Reporter for the Daily Mail Published: 21:55, 10 May 2015 | Updated: 21:55, 10 May 2015 Barclays and Royal Bank of Scotland will this week be hit with penalties worth nearly £3bn for rigging the foreign…

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New Mis-selling Scandal Set To Rock Barclays plc, HSBC Holdings plc, Lloyds Banking Group plc & Royal Bank of Scotland Group plc?

Yahoo Finance UK/fotolia – Get more back from your money this year UK banks are set to be embroiled in controversy once again with fresh claims of mis-selling. UK bank shares took a tumble when the Financial Ombudsman earlier last week…

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The Banking Revolution Could Finally Dethrone Barclays PLC, HSBC Holdings plc, Lloyds Banking Group PLC & Royal Bank of Scotland Group plc

By Harvey Jones – Friday, 21 November, 2014 Given the bashing they got after the financial crisis, it’s amazing the banks survived at all. Even former Bank of England governor Mervyn King was surprised people weren’t angrier at their behaviour. Barclays (LSE:…

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