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Global Banks to Pay $5.6 Billion in Penalt...
Five global banks will pay more than $5 billion in combined penalties to resolve foreign exchange and Libor probes, U.S. Attorney General Loretta Lync...
May 20, 2015
Drug Probe Expands Into Multiple Air Force...
Drug Probe Expands Into Multiple Air Force Bases
January 15, 2014
Banks Summoned in US Libor Probe
Seven banks, including HSBC and Royal Bank of Scotland, are to be questioned in the US for alleged manipulation of the Libor inter-bank lending rate.
August 16, 2012
BBC World News
RBS Settles Their Libor Probe
Royal Bank of Scotland settled libor charges for $610 million. David Benoit has a look at some of the more outrageous instant messages traders sent ea...
February 06, 2013
SpaceX’s First Commercial Satellite Launch...
What’s News: SpaceX successfully launches its first commercial satellite into orbit; European Union regulators hand out record fine in libor rate prob...
December 04, 2013
Microsoft Explored Deal With Nokia, and Mo...
What’s News: Microsoft recently held advanced talks with Nokia about buying its handset business. British prosecutors charge first person in Libor man...
June 20, 2013
Global Banks Pay Billions in Penalties, An...
Five global banks are paying $5.6 billion in penalties. Malaysia and Indonesia provide humanitarian assistance and temporary shelter to migrants. Los ...
May 20, 2015
Barclays $453m Libor Settlement
Another scandal surrounding the banking industry. This time Barclays is made to pay 453 million dollars to the US and British authorities to settle al...
June 27, 2012
Whalen: 'Hold People Responsible for Actio...
Chris Whalen, senior managing director at Kroll Bond Rating Agency, talks about the need for criminal prosecution of bankers and the Federal Reserve’s...
May 22, 2015
New Libor Revelations Suggest Clash Over O...
The head of the British Bankers' Association, argued in 2008 that the London interbank offered rate, or Libor, had become too big for her organization...
September 11, 2012
Ed Balls Urges 'Radical' Banking Reform
Ed Balls welcomes the Parliamentary Commission on Banking Standards' long-awaited final report, saying: "We need radical change".
June 19, 2013
America and Britain In a Tussle Over "Rain...
Who is banker Tom "Rain Man" Hayes? He's at the center of a tug of war between the U.S. and the U.K., who each want to prosecute him over the Libor sc...
March 14, 2013
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