Hot Issues

A London Metropolitan Police spokesman confirmed British media celebrity Piers Morgan's involvement in the former's investigation regarding the phone hacking scandal at the Daily Mirror.

Financial experts believed that the bonus cap law, which limits the awarding of bonuses to bankers and traders, has created an unfair playing field for the European Union because of banks' decision to circumvent the law by reclassifying or restructuring bonuses.

Financial Stability Board, a group formed by global financial bloc Group of 20 and led by Bank of England governor Mark Carney, will ensure that the reliability and integrity of foreign exchange rate benchmarks be restored after allegations of manipulation within bank trader circles surfaced, DealBook said in its report.