When the LIBOR interest-rate fixing scandal broke wide open over the summer, I asked whether it was “The Crime of the Century.” The answer to that question relied on whether banks were understating ...

— -- A new scandal in the banking industry is undermining its image, already tarnished by rogue trading at JPMorganChase and the 2008 subprime mortgage collapse. At the heart of the scandal: ...

LONDON - Barclays Chief Executive Bob Diamond resigned Tuesday, the biggest scalp in a financial markets scandal that has ripped through the bank's senior management and sown the seeds for a new ...

Tom Hayes, the former British trader jailed over the Libor interest rate scandal, has filed a $400 million lawsuit against UBS, alleging "malicious prosecution and corporate scapegoating" by his ...

Recent cases show that DOJ prosecutions of financial market misconduct, like FX and LIBOR manipulation, often face legal setbacks due to flawed evidence or instructions. These rulings question whether ...

Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain’s top court Wednesday after a years-long fight to clear his name. The UK Supreme Court ...

Four years on from the financial crisis, new banking scandals still seem to break out every few months. But this week has been particularly bad for the industry. There was HSBC’s $1.9 billion ...

Tom Hayes, the former trader who became the face of the Libor scandal, sued UBS UBS0.76%increase; green up pointing triangle on Monday for $400 million in damages, alleging his former employer made ...

LONDON, Jan 24 (Reuters Breakingviews) - ICAP’s Libor woe comes at an awkward time for the broking industry. The London-based inter-dealer broker is being investigated by the Financial Services ...

AMSTERDAM (Reuters) - Rabobank traders and bankers involved in an interest-rate rigging scandal should be prosecuted, Dutch Finance Minister Jeroen Dijsselbloem told a local broadcaster, acknowledging ...