Lawyers
Financial Conduct Authority
-
The U.S Department of Justice has requested an interview with a senior London-based currency trader who attended a meeting with Bank of England officials three years ago that ultimately became pivotal to a global investigation into allegations of market collusion and manipulation, a source familiar with the matter said on Wednesday. -
Three men in UK court on insider dealing charges
Three men appeared in a London court on Wednesday charged with using inside information to trade in technology company Logica shares during its Canadian takeover in 2012, the Financial Conduct Authority (FCA) said. -
UK's FCA to examine asset management fees, pensions
The UK's Financial Conduct Authority is to launch a market study on asset management to examine charges paid by investors, the regulator said on Tuesday, as it laid out its business plan for the coming year. -
UK bankers face 'reversed burden of proof' under new rules
Senior bankers will be presumed guilty until proven innocent under strict new rules proposed by British regulators seeking to hold individuals accountable for bank failures. -
Aviva says will compensate customers sold wrong annuities
British insurer Aviva plc said on Saturday it would compensate around 250 annuity customers who had been short-changed because of an error in its sales process. -
Britain's RBS fined $88 million for 2012 systems crash
Royal Bank of Scotland has been fined 56 million pounds ($88 million) by Britain's financial regulators for a system crash in 2012 that left millions of customers unable to make or receive payments. -
U.S. regulators to join UK in forex fines for banks
U.S. regulators plan to join their UK peers in a multi-billion-dollar settlement with a group of the biggest global banks accused of manipulating the foreign exchange market, sources familiar with the matter said, adding the deal could come as early as next week. -
Fines imposed by the Financial Conduct Authority drop in volume
With only 18 notices of fines issued for 2013, the Financial Conduct Authority has seen a 40% drop in its fines imposed. -
Trader gets 7-year sentence for investor fraud scheme to fund his lavish lifestyle
Financial Conduct Authority director of enforcement and financial crime Tracey McDermott cautioned investors of charismatic figures like convicted trader Benjamin Wilson, who was found guilty of using a fantasy futures fund to fool people to pour in £22 million of their aggregate money for his lavish lifestyle. -
Deutsche Bank fires forex unit head, two other traders as currency manipulation investigation heats up
One of the three currency traders Deutsche Bank reportedly fired in light of the investigations by regulators on foreign currency manipulation was the bank's unit head of emerging markets trading desk, a source told Bloomberg. -
Lloyds to suspend senior forex trader amid currency manipulation probe - source
Lloyds Banking Group Plc has joined some of the major banks who have suspended, fired or laid off its currency traders as the UK Financial Conduct Authority started its investigation on claims that foreign exchange currency manipulation had taken place. -
Chief of UK regulator says bank evidence on Forex benchmarks manipulation is like Libor all over
Martin Wheatley, chief executive officer of British watchdog Financial Conduct Authority said his firm's launching a probe on foreign-exchange benchmarks manipulation has been affirmed when evidence from ten banks had been submitted to them.
Page
1 / 1