08/08/2012
#Western Europeans may pull as much as $139 billion, or 15 percent of their holdings, from Swiss banks, said Herbert Hensle of Cap Gemini. Bank Sarasin & Cie. AG reported last week that private clients withdrew 3 billion francs from Swiss locations in
08/08/2012
Fraud inquiry threat to Barclays over Arab bailout
Serious Fraud Office collaborating with City watchdog's investigation into controversial deal
08/07/2012
Auditor Deloitte has rejected claims it helped Standard Chartered hide $250bn (£161bn) of illegal Iranian transactions in the latest scandal to embroil the industry.
08/07/2012
Case involving a bounced cheque in Abu Dhabi could cause problems for Britons looking to buy property in the UAE.
08/06/2012
Standard Chartered has firmly rejected claims that it “schemed” with Iran to conduct secret transactions worth $250bn (£160bn). Here is its statement in full.
08/05/2012
It also wants a deal to shield the remainder of its 300 or so banks from U.S. prosecution.
08/05/2012
A spokesman for the Swiss Federal Tax Administration confirmed that a request for administrative assistance had been made by the fiscal authorities in the U.S. last month.
08/05/2012
The inter-governmental rules were made in conjunction with France, Germany, Italy, Spain and the UK, which have all made reciprocal agreements with the US.
08/05/2012
The SFO will have to make regular reports to the Treasury on its progress and on likely future cash needs.
08/05/2012
US regulators have dropped a four-year investigation into manipulation of the silver market, according to reports. The decision, if true, will take pressure off JP Morgan and HSBC who were the main focus of legal complaint that sparked the regulatory pro
08/05/2012
The part-nationalised lender made the disclosure in its half year results on Friday, where it reported a loss of £1.5bn in the first six months of 2012 and set aside £125m to cover costs related to the recent IT problems.
08/05/2012
It labelled UK-based Standard Chartered a "rogue institution".
08/02/2012
The news was revealed in its first-half results in which it apologised for the Libor rate rigging scandal and posted better-than-expected underlying half-year profits of £4.2bn.
08/02/2012
Trevor Murray was employed by UBS Securities LLC from May 2007 until he was fired in September 2009, and then returned to the company in May 2011, he said in a lawsuit filed today in federal court in Manhattan.
08/01/2012
Ministers are discussing a potential full nationalisation of RBS, which is already 82 percent owned by the government, to help boost business lending to companies.
08/01/2012
Banco Santander operates an “Edge Act” bank based in Miami that provides private banking services exclusively to wealthy foreigners, primarily Latinos.
08/01/2012
This is an integral part of the ongoing maintenance and consulting support that we provide to our ABACUS/Solvency II clients.”
07/31/2012
Mr Green did not specify the precise charges that could be brought but it is possible bankers found guilty of manipulation could receive prison sentences of up to 10 years.
07/31/2012
Anyone buying shares in some of France's biggest companies will now pay a controversial new tax on the transaction.
07/30/2012
Ex-UBS bankers cheated cities by rigging bond bids -U.S.
The probe has focused on rooting out schemes to fix prices and rig bids on bond transactions, and has ensnared some of the world's largest banks.