Libor
Paul Tucker to quit as deputy governor of the Bank of EnglandPaul Tucker, the deputy governor of the Bank of England has announced that he is to quit his role after 33 years working for the central bank. |
EU wants to move Libor supervision to ESMA from UKThe European Union is attempting to move the supervision of the Libor interbank lending rate from the UK to ESMA in Paris. |
Oil price fixing investigation extends to trading housesA number of firms and trading houses are being investigated by the European Commission as it investigates possible fraud in the setting of benchmark oil rates. |
RBS taxpayer share sale could start within a yearThe Chairman of the Royal Bank of Scotland Sir Philip Hampton says he can't guarantee there are no more "skeletons in the cupboard" and further job losses are possible as the company continues restructuring. |
Bob Diamond says King did not have authority to force him outBob Diamond, in is first major interview since he was forced to resign from Barclays over Libor, says he was not in banking for the money and he underestimated the depth of anger against bankers. |
Barclays profit slump tempered by investment bank performanceBarclays has seen profits drop by 25 per cent in the first quarter of 2013, down to £1.8 billion as it incurs extra restructuring costs as it tries to change its culture. |
"Big five" UK banks pay 771 staff £1m as profits wiped outA new report from KPMG says the "big five" UK banks have improved core performance but profits have been wiped out by the "cost of past mistakes". |
Barclays tries to hide £40m banker bonuses on budget dayBarclays released news of £40 million worth of bonuses to top executives on budget day and is now facing criticism that it tried to hide the news. |
Barclays and RBS pay 523 staff over £1m despite Libor finesBarclays and RBS have paid 523 staff more than £1 million in 2012 despite being found guilty of the rigging of Libor and receiving combined fine of nearly £700m. |
Barclays boss outlines strategic vision of streamlined bankBarclays boss Antony Jenkins has told shareholders how he sees the bank changing to cater for the new demands of customers on a banking sector that will be more automated. |
FSA admits not responding "rapidly" enough to Libor cluesIn an internal audit report the Financial Services Authority has admitted that it was slow to respond to clear signals that the Libor system was not working properly. |
RBS unveils 2012 losses of £5.2 billionThe Royal Bank of Scotland made an operating profit of £3.4bn but there follows a litany of severe banking errors that RBS has had to pay for in 2012, ending in a £5.2bn loss. |
Libor still not "fraud-free", says US regulatorThe Chairman of the Commodity Futures Trading Commission (CFTC) said today that the way the Libor interbank lending rate is set is still not working correctly. |
Barclays chief wields axe and signals end to global expansionBarclays is to reduce the size of its investment bank as new chief executive Antony Jenkins wields the axe and cuts failing parts of the business. |
CIIA issues new auditor rules to reduce City scandalsThe Chartered Institute of Internal Auditors has published a new consultation document that aims to improve the ability of auditors to do their job effectively and reduce banking scandals. |
RBS bosses Hester and Hampton testify to MPs on Libor and paySir Philip Hampton and Stephen Hester are to appear before MPs at the banking standards commission today as new questions are raised about Hester's 2013 bonus. |
RBS agrees £391m Libor settlementThe Royal Bank of Scotland has agreed a £391 million settlement with US and Uk regulators over the manipulation of the Libor interbank lending rate. |
Osborne insists RBS bankers must pay for US Libor fineThe Royal Bank of Scotland (RBS) is considering clawing back a proportion of bonuses paid to many top executives to help pay the Libor fine it is likely to receive. |
Barclays boss Jenkins waives bonus amid new Qatari claimsThe Chief Executive of Barclays, Antony Jenkins has waived his bonus for 2012 saying that he does not want "unnecessary public debate" on the subject. |
Barclays boss Jenkins in line for £1m bonusAs the UK banker bonus season kicks off Barclays are courting controversy by considering awarding new chief executive Antony Jenkins a £1 million bonus. |
Court denies Barclays anonymity request over Libor caseHigh profile names at Barclays including former chief executive Bob Diamond have been denied anonymity at a forthcoming trial over the mis-selling of interest swap rates linked to Libor. |
Anger as taxpayers likely to cover RBS £500m Libor fineThe UK taxpayer is likely to have to pay the estimated £500 million fine that RBS will receive for its role in the manipulation of the Libor interbank lending rate. |
Hector Sants appointed as Barclays head of complianceHector Sants the former chief executive of the Financial Services Authority has been appointed head of compliance at Barclays as the bank tries to restore its reputation. |
Second "whistleblower" claims gas market prices manipulatedA second whistleblower has alleged that in September some of the "big six" energy suppliers manipulated the price of wholesale gas in a similar way to how Libor was fixed. |
RBS prepares to "dance to the tune of regulators" over LiborThe Royal Bank of Scotland is preparing for talks with regulators to settle Libor claims as it announces a £1.26 billion pre-tax loss for the third quarter. |
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