Company News



Central banks need exit strategy from post-crisis policies

IMF economists argue monetary policies introduced since 2008 may have increased banks’ medium-term risk . .

http://www.theguardian.com/business/economics-blog/2014/aug/19/central-banks-crisis-unconventional-monetary-policies-banks-riskthers



Former Lehman Brothers bankers win pensions battle

More than 2,400 former Lehman Brothers bankers will have their pensions paid in full following a six-year legal battle. . . .

http://www.bbc.co.uk/news/business-28860594#



Standard Chartered to pay fresh penalty to NY regulator

Standard Chartered has agreed to pay $300m (£180m) to New York’s top banking regulator for failing to improve its money laundering controls.  . .

http://www.bbc.co.uk/news/business-28860566#



Barclays paper reveals extent of legal battles worldwide

A Barclays document sent to shareholders has laid bare the full extent of the bank’s legal woes, ranging from continuing court tussles over rigging interest rates to allegations of ripping off its own clients. . .

http://www.theguardian.com/business/2014/aug/14/barclays-investor-prospectus-legal-battles



Barclays Said to Face Fine Over Client Asset Segregation

Barclays Plc (BARC) is poised to be hit with its second fine by British regulators over failures to segregate client assets properly, a setback to Antony Jenkins’s efforts to put the lender’s legal woes behind him, two people with knowledge of the matter said.

http://www.bloomberg.com/news/2014-08-15/barclays-said-to-face-fine-over-client-asset-segregation.html