Wells Fargo, the largest US mortgage lender, has agreed a settlement with Freddie Mac to resolve claims over faulty loans it sold to the firm. . .

http://www.bbc.co.uk/news/business-24329482

JPMorgan Chase & Co., Barclays Plc,Credit Suisse Group AG and 10 other international lenders were sued by a U.S. credit union regulator alleging they illegally manipulated benchmark Libor interest rates. . .

http://www.bloomberg.com/news/2013-09-23/jpmorgan-chase-12-more-banks-said-to-be-sued-over-libor.html

Ernst & Young LLP ERNY.UL, one of the “Big Four” accountancy firms, is set to hire 3,700 people in Britain alone by the end of June 2014 to satisfy growing demand for business advice, the Times reported on Sunday . . .

http://uk.reuters.com/article/2013/09/22/uk-ernstandyoung-jobs-idUKBRE98L0L120130922

Citigroup has suffered a significant decline in trading revenues that threatens to depress its earnings, according to people familiar with conversations between investors and the bank in recent days. . .

http://hereisthecity.com/2013/09/23/trading-blow-at-citi-bofa/

Stock brokers who are lured to new firms with signing bonuses of at least $100,000 will be required to inform clients under a rule approved by the Financial Industry Regulatory Authority.  . .

http://www.bloomberg.com/news/2013-09-19/brokers-must-disclose-bonuses-as-finra-passes-rule.html

A cap on bank bonuses being introduced at Brussels’ behest would drive up fixed costs and expose lenders to greater risk of instability, the Bank of England will warn next month. . .

http://news.sky.com/story/1145453/bank-watchdog-steps-up-bonus-cap-opposition

http://www.bbc.co.uk/news/business-24203871#

Shirlina Tsang, a former Royal Bank of Scotland Group Plc trader who pleaded guilty in Hong Kong to fraud for trying to hide losses of 19.5 million pounds ($30.8 million), was sentenced to 50 months in jail. . . .

http://www.bloomberg.com/news/2013-09-13/ex-rbs-trader-gets-50-months-in-hong-kong-jail-for-fraud.html

The European Central Bank (ECB) welcomes the vote on 12th September by the European Parliament on legislation which paves the way for establishing a banking union.

http://www.ecb.europa.eu/press/pr/date/2013/html/pr130912.en.html

The Financial Conduct Authority (FCA) is warning Barclays Bank of a £50m fine for its 2008 investment deal with Qatari investors . . .

http://www.bbc.co.uk/news/business-24112400