US OFFICIALS TO INTERVIEW BANKERS OF LIBOR
At least 10 senior traders at RBS have been
approached by authorities in the United States in connection
with a criminal investigation into alleged manipulation of
RULE ON TRADER AND NOT BANKING, SAYS JUDGE
The jury in the trial of the alleged "rogue trader" accused
of losing UBS $2.3 billion has been told it should not
acquit him because of any dislike of banking.
BBC BOSS WAS PAID DOUBLE TO GO QUIETLY
Lord Patten, the chairman of the BBC Trust, admitted on
Tuesday that he gave the corporation's former director-general a
payoff worth twice as much as he was entitled to so he would go
BANKS GIVE US EDGE IN GLOBAL RACE, SAYS PM
David Cameron on Wednesday promised to put promoting UK
banks and defence companies at the heart of Britain's foreign
US GIANTS 'IMMORAL' OVER TAX AVOIDANCE
Amazon, Google and Starbucks were
on Tuesday accused of being "immoral" and "manipulative" and of
"practising tax avoidance on an industrial scale".
WATCHDOG INVESTIGATES CLAIMS OF GAS FIXING
The City of London watchdog, the FSA, is investigating
claims by a whistleblower that Britain's 300 billion pounds
wholesale gas market has been "regularly" manipulated by some of
the big power companies, exploiting weaknesses that echo the
recent Libor scandal.
US TO BECOME WORLD LEADER IN OIL AND GAS
The U.S. will become the world's biggest producer of oil and
gas in the next five years as "fracking" for hydrocarbons
contained in shale rocks has enabled the country to increase
production massively, according to an authoritative new report.