Company News



Three ex-Barclays staff charged over Libor allegations

Published on: Tuesday, May 6, 2014 by Paul Stanbridge

Three former employees of Barclays have been charged in connection with the  alleged manipulation of the London Interbank Offered Rate (Libor) . . .

http://www.bbc.co.uk/news/business-27190059#



Draghi Awaits Pivotal Price Data That Could Spur Action

Published on: Monday, April 28, 2014 by Paul Stanbridge

The most-radical policy decision of Mario Draghi’s 2 1/2 years so far at the helm of the European Central Bank could hinge on a single piece of data.

http://www.bloomberg.com/news/2014-04-27/draghi-awaits-pivotal-price-data-that-could-spur-action.html



FCA Said to Observe Banks’ London Gold-Fixing Calls

Published on: Monday, April 28, 2014 by Paul Stanbridge

Regulators are stepping up their scrutiny of how gold prices are set, with officials from Britain’s Financial Conduct Authority visiting Societe Generale SA (GLE) to observe the so-called London fixing process, two people with knowledge of the matter said.

http://www.bloomberg.com/news/2014-04-24/fca-said-to-observe-banks-london-gold-fixing-calls.html



Ex-KPMG Partner Sentenced for Insider Trading

Published on: Monday, April 28, 2014 by Paul Stanbridge
A former KPMG LLC partner was sentenced Thursday to 14 months in prison for insider trading that generated more than $1 million in illegal profits. . .

http://www.foxbusiness.com/industries/2014/04/24/ex-kpmg-partner-sentenced-for-insider-trading/?intcmp=fbtopstories



Dick Bove has bad news on Bank of America

Published on: Monday, April 28, 2014 by Paul Stanbridge

Bank of America’s second-quarter earnings outlook just got a lot worse thanks to a potentially huge litigation bill, according to analyst Dick Bove. . .

http://hereisthecity.com/en-gb/2014/04/26/dick-bove-has-bad-news-on-bank-of-america-earnings/