Company News



Fleet Oil acquires Staffhunt.org.uk

Fleet Oil have acquired leading web recruitment site Staffhunt.org.uk. Staffhunt is one of the leading job boards for Oil Chemists  in the UK. It has become a go to site for any experienced professional in the Sector and under Fleet Oil’s management, will maintain it’s highly successful track record.



EU Lawmakers Reject Draghi Call for Bank Bondholder Clemency

The European Union’s competition authorities should resist a challenge by European Central Bank President Mario Draghi to the imposition of bondholder losses at banks that receive public aid, two senior EU lawmakers said.

http://www.bloomberg.com/news/2013-10-22/eu-lawmakers-reject-draghi-call-for-bank-bondholder-clemency.html



Deutsche Bank widens Libor probe after chatroom found – source

Deutsche Bank has widened an internal probe into possible manipulation of the Libor benchmark interest rate after discovering a new chatroom where traders may have colluded, a source familiar with the matter said on Monday. . .

http://uk.reuters.com/article/2013/10/21/deutschebank-libor-idUKL5N0IB19820131021 rpc=401&feedType=RSS&feedName=swissMktRpt&rpc=401



Barclays Executives Knew of Libor Lowballing, Guardian Claims

Current and former executives at Barclays Plc knew that the bank submitted lower-than-accurate Libor rates as early as 2007, according to transcripts of conversations between executives cited in a U.K. court case. . . .

http://www.bloomberg.com/news/2013-10-17/barclays-executives-knew-of-libor-lowballing-suit-claims.html



Twenty-two more face investigation over potential Libor rigging

The Serious Fraud Office has written to 22 individuals to tell them they are facing investigation for potential Libor rigging, a London court  heard on Monday. . .

http://hereisthecity.com/2013/10/22/twenty-two-more-face-investigation-over-potential-libor-rigging/