LONDON (Reuters) - Britain's fraud prosecutor on Tuesday charged former UBS trader Tom Hayes with eight counts of conspiracy to defraud, as part of a global investigation into the manipulation of benchmark interest rates. Hayes, 33, was arrested... [Full Article]
By Kirstin Ridley LONDON (Reuters) - Britain's anti fraud agency said on Tuesday it was on the brink of announcing "significant progress" in its investigation into the alleged rigging of benchmark interest rates. David Green, head of t... [Full Article]
LONDON (Reuters) - The Financial Services Authority (FSA) will publish its internal review into when it first knew about banks rigging the Libor benchmark within weeks, before the watchdog is scrapped. The watchdog told parliament's Treasury Sel... [Full Article]
(Reuters) - Royal Bank of Scotland Group is close to a 500 million pounds ($785.32 million) settlement with U.S. and British authorities over claims that some of its employees submitted false Libor rates, the Wall Street Journal reported, citing peop... [Full Article]
LONDON/ZURICH (Reuters) - UBS has yet to fully purge itself of a global interest rate scandal that has cost the Swiss bank its reputation and put it at risk of a wave of costly civil suits, its investment banking chief said on Wednesday. The once-ven... [Full Article]
LONDON/ZURICH (Reuters) - Three British men were detained in London on Tuesday in the first arrests stemming from a global investigation into the manipulation of interbank lending rates. One of those arrested was former Citigroup and UBS trader Thoma... [Full Article]
LONDON (Reuters) - Barclays has fired five employees following its internal investigation of the rigging of Libor interest rates and disciplined another eight people, the head of its investment bank said on Wednesday. Rich Ricci, chief executive of B... [Full Article]
LONDON (Reuters) - The Serious Fraud Office said on Friday it expected significant developments in its investigations into the rigging of Libor interest rates in the near future. The government department said in July it could prosecute banks for rig... [Full Article]
LONDON (Reuters) - Most Libor interest rates should be scrapped by April to restore trust in what remains of the tarnished benchmark that was rigged by Barclays and other banks, a trade body said on Thursday. The British Bankers Association (BBA) sai... [Full Article]
LONDON (Reuters) - The Financial Services Authority will deliver a stinging attack on the banks that rigged the Libor interest rate and the trade body that oversees it on Friday and lay out a 10-point plan to repair the discredited benchmark rather t... [Full Article]
2Space PassportNewsCommunityMarketPlaceFree Tools
