Forex Manipulation Fines Lead RBS to Massive Quarterly Losses The bailed-out bank had to put aside $1.3 billion (£856 million) for further penalties and warned investors about another "tough" year ahead
The SEC Passes Regulation A+ Rules The new rules will allow for businesses to raise millions without going public too soon.
Bank of America Settles Antitrust FX Rigging Case for $180 mln The U.S. bank has reached a settlement in a class action lawsuit which was alleging manipulation of foreign exchange ...
Barclays Incurs $1.23 bln Charges for Prospective FX Settlements The total bill for the U.K. headquartered bank has increased to over £2 billion after taking into account previous ...
Stephonomics: Bank Fines – Do They Matter and Who Do They Affect? Electronic trading accounted for 72% of all currency transactions in 2014 as opposed to 20% in 2001.
Deutsche Bank Dismisses Prospects for Large Forex Probe Fines The impact from foreign exchange probes on Deutsche Bank is not expected to be anywhere close to the $2.5 ...
Deutsche Bank Fined $2.5 bln for Interest Rate Benchmarks Manipulation The German investment bank has also been fined for misleading the regulator, which could have hampered the investigation
Deutsche Bank Takes a €1.5bn Charge for LIBOR Litigation After several years of waiting Deutsche Bank is about to be presented with the final bill for LIBOR manipulation ...
Evaluation of Major Banks Threatens to Leave FX Settlements in Stasis Deutsche Bank AG and Barclays Plc are presently facing an evaluation that could lead to lapses or delays in ...
FCA Slaps Record Fine of nearly $20 Million on Merrill Lynch International Merrill Lynch International has incurred a substantial fine of $20 million for regulatory reporting infractions by the FCA.
Stephonomics: Regulators Can’t Really Prevent Banks’ FX Traders from Talking A dealer knows what information is confidential. Let’s face it, each dealer is subject to 9,000 compliance courses over ...
Bank of America Settles with FX Manipulation Victims Scott+Scott, Attorneys at Law, has reached an agreement in principle with Bank of America, after its allegations of FX ...
Mario Draghi Attacked at ECB Meeting After Claiming QE a Success The European Central Bank left interest rates unchanged again today, after a protester charged the ECB President.
Monetary Authority of Singapore Declines Heavy Intervention in FX Markets Amidst mounting allegations of intervention, MAS has reiterated its inactivity in supporting the SGD.
China Launches First Ever Forex Lending/Borrowing Business Starting next week firms will be able to borrow funds denominated in USD, EUR and HKD, in a bid ...
Deutsche Bank Close to $1.5 Bln Settlement in LIBOR Manipulation Federal prosecutors, U.S. and U.K. regulators are in talks with Deutsche Bank to conclude the long lasting litigation process
UBS Draws Investigation From Dimond Kaplan Rothstein for Its V10 Product UBS finds itself facing a fresh set of legal hurdles, prompting an investigation into its FX products.
ICAP plc & Two Japanese Banks Dismissed from LIBOR Class Action ICAP plc has already been fined by European regulators for facilitating a banking cartel which manipulated yen LIBOR
Heads of Nasdaq, London Stock Exchange and ICAP: MiFID II Rules Won’t Work Michael Spencer, chief executive of ICAP, Xavier Rolet, chief executive of the London Stock Exchange Group, and Hans-Ole Jochumsen, ...