Credit Agricole’s complaint that European Union regulators showed bias in their rate-rigging probe is under investigation by the EU’s ombudsman.
Regular readers of Bank Return, the Bank of England’s weekly summary of its assets and liabilities, can probably be counted only in the dozens these days. But it was not always so.
The deputy governor of the Bank of England has called for better co-operation with US regulators over the scale of fines being levied on banks to ensure they do not weaken their financial position.
Legal language of contracts are being poured through.
Barclays is to be fined £38m for breaching City rules requiring clients’ funds to be kept separate from its own assets, in what is expected to be the largest fine for such an offence.
U.S. regulators are investigating a Goldman Sachs internship for the brother of a former official at Libya's sovereign wealth fund and perks allegedly offered by the bank to the fund, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Mary Jo White will take just a little off the top.
A former energy trader at a Connecticut hedge fund that collapsed in 2006 after losing $6.6 billion on natural gas has agreed to pay $750,000 to settle a regulator’s lawsuit.
Credit Suisse is under fire from U.S. regulators over concerns the bank isn’t heeding warnings to stop making loans regulators see as risky, according to a person familiar with the matter.
Morgan Stanley was fined $280,000 for ignoring 'numerous red flags' in opening an account tied to a multimillion-dollar Ponzi scheme, a U.S. regulator said.