An internal report commissioned by the Financial Services Authority (FSA) revealed rate-rigging, highlighting how the regulator ignored or failed to follow up on a series of problems with the rates. The report, published...more
3/6/2013
- Barclays Financial Services Authority Libor
On Wendesday an Italian court found Depfa Bank, UBS (UBSN.VX), JPMorgan (JPM.N) and Deutsche Bank (DBKGn.DE) guilty of fraud. The banks were found guilty of “mis-selling derivatives” (Reuters) to Milan; the four banks were...more
12/20/2012
- CFTC Derivatives Deutsche Bank Fraud JPMorgan Chase Libor UBS