Company News



JP Morgan faces US currency trading probe

Published on: Tuesday, November 4, 2014 by Paul Stanbridge

JP Morgan Chase, the largest bank in the US, has revealed it is under investigation over currency trading . . .

http://www.bbc.co.uk/news/business-29890376#



UBS misses profit estimates after $1.9bn legal provision

Published on: Tuesday, October 28, 2014 by Paul Stanbridge

Switzerland’s biggest bank, UBS, has missed profit estimates after it set aside $1.9bn (£1.2bn) in legal provisions amid an investigation over alleged currency-rigging. . .

http://www.bbc.co.uk/news/business-29798109



German ex-CEO of BayernLB bank guilty of bribery

Published on: Tuesday, October 28, 2014 by Paul Stanbridge

A German court has given a suspended jail term to the ex-boss of BayernLB bank for having bribed Austrian far-right politician Joerg Haider in 2007. . .

http://www.bbc.co.uk/news/world-europe-29784554



Penalise ‘bad apple’ traders, suggests Bank of England

Published on: Tuesday, October 28, 2014 by Paul Stanbridge

More should be done to punish traders who try to manipulate financial markets, the deputy governor of the Bank of England has said . . .

http://www.bbc.co.uk/news/business-29788270



RBS Set to Reach FX Settlement Within Year, CEO Says

Published on: Tuesday, October 14, 2014 by Paul Stanbridge

Royal Bank of Scotland Group Plc could reach a settlement with authorities over the alleged rigging of foreign-exchange markets in the next six to 12 months, Chief Executive Officer Ross McEwan said. . .

http://www.bloomberg.com/news/2014-10-10/rbs-faces-cold-winter-as-fx-settlement-looms-ceo-says.html