A global investigation into allegations of manipulation in the £3tn-a-day currency markets appeared to be deepening with more banks admitting they were co-operating with regulators and Barclays suspending six of its traders. . .

http://www.theguardian.com/business/2013/nov/01/regulators-contact-banks-currency-manipulation

Barclays Plc (BARC) has suspended three currency traders, including a chief dealer in London, amid a probe into potential foreign-exchange manipulation, according to a person with knowledge of the decision. . .

http://www.bloomberg.com/news/2013-11-01/barclays-said-to-suspend-chief-fx-dealer-chris-ashton-amid-probe.html

JPMorgan Chase has put its chief currency dealer in London, Richard Usher, on leave, a source familiar with the matter said on Wednesday, and Bloomberg reported Citigroup had done the same with its chief dealer. . .

http://www.cnbc.com/id/101157687

This forms part of our annual cycle of fees consultation. In October, we consult on any proposed changes to the underlying policy of the fee and levy regimes of the FCA, the Financial Ombudsman Service, the Financial Services Compensation Scheme (FSCS) and the Money Advice Service (MAS).

We do not consult on any proposals affecting the FSCS in this CP, but we do flag up the implications for the different bodies where appropriate . . .

http://www.fca.org.uk/news/cp13-14-regulatory-fees-and-levies

Firms must establish and maintain robust defences and risk management frameworks that identify and mitigate money laundering and bribery and corruption risks. Although previous regulatory action relating to anti-money laundering (AML) and anti-bribery and corruption (ABC) systems and controls failings has focused on the banking and insurance sectors, there are significant risks in other sectors. . .

http://www.fca.org.uk/news/thematic-reviews/tr13-9-anti-money-laundering-and-anti-bribery

The Basel Committee on Banking Supervision has today issued a second consultative paper on the fundamental review of capital requirements for the trading book. The paper comprises a detailed set of proposals for a comprehensive revision of the market risk framework. This initiative forms part of the Committee’s broader agenda to reform regulatory standards for banks in response to the financial crisis. . . .

http://www.bis.org/publ/bcbs265.htm

UK bank Barclays has suspended six traders as part of a probe into suggestions  that currency markets could have been rigged, the BBC has learnt. . .

http://www.bbc.co.uk/news/business-24773173#

Lloyds Bank says it will set aside another £750m for compensation for mis-sold personal protection insurance (PPI), taking the total to £8bn. . . .

http://www.bbc.co.uk/news/business-24723413#

Chief executive has changed his tune six months after saying a deal for Lloyds’ fund management arm was ‘extremely unlikely’ . . .

http://www.theguardian.com/business/nils-pratley-on-finance/2013/oct/24/aberdeen-martin-gilbert-scottish-widows-lloyds

Alongside a speech by the Governor, the Bank of England has today announced changes to its approach to providing liquidity insurance to the banking system. . .

http://www.bankofengland.co.uk/publications/Pages/news/2013/124.aspx