Bill Black Sharmini Peries: It’s the Real News Network. I’m Sharmini Peries coming to you from Baltimore. In the UK on Tuesday Barkley’s Bank and … Barclays and Its Executives Are Charged With Conspiracy to Commit FraudRead more
Bank
Posted inBank / Digital / India / News / Security
India’s largest bank leaked account data on millions of customers
India’s largest bank has secured an unprotected server that allowed anyone to access financial information on millions of its customers, like bank balances and recent … India’s largest bank leaked account data on millions of customersRead more
Posted inBank / News
JPMorgan to Pay $920 Million Fine for London Whale Debacle
The financial giant JPMorgan Chase has agreed to pay $920 million in fines to U.S. and British regulators for the so-called “London Whale” trades that … JPMorgan to Pay $920 Million Fine for London Whale DebacleRead more
Posted inBank / News / Tax
Ex-UBS Employee Charged With Data Theft on Trial in Switzerland
An ex-employee of UBS Group AG charged with stealing data on the bank’s clients and selling it to German tax authorities stands trial in Switzerland … Ex-UBS Employee Charged With Data Theft on Trial in SwitzerlandRead more
Posted inBank / News
Former Credit Suisse bankers arrested in London over ‘$2bn fraud scheme’
Three former Credit Suisse bankers have been arrested in London on US charges that they conspired in a $2bn (£1.6bn) loan scheme that allegedly saw … Former Credit Suisse bankers arrested in London over ‘$2bn fraud scheme’Read more
Posted inBank / News
Former JPMorgan Employees Charged for Hiding “London Whale” Losses
New York prosecutors have unveiled charges against two former employees of the banking giant JPMorgan Chase for the so-called “London Whale” trades that cost the … Former JPMorgan Employees Charged for Hiding “London Whale” LossesRead more
Posted inBank / News
UBS to Pay $885 Million Fine for Pushing Toxic Mortgages
The banking giant UBS has agreed to pay a $885 million settlement for deceptively selling mortgage-backed securities to Fannie Mae and Freddie Mac. Under the … UBS to Pay $885 Million Fine for Pushing Toxic MortgagesRead more
Posted inBank / Economics / News
Bank Traders Manipulated Foreign Exchange Rate Worth Trillions
Bloomberg News is reporting traders at some of the world’s biggest banks have manipulated key foreign exchange rates used to set the value of investments … Bank Traders Manipulated Foreign Exchange Rate Worth TrillionsRead more
Posted inBank / Corruption / News
Former Exec Says Ex-Barclays CEO Ordered Rate Fixing
A former Barclays executive who left his job over the bank’s interest-rate fixing scandal has testified he was directly ordered to manipulate interest rates by … Former Exec Says Ex-Barclays CEO Ordered Rate FixingRead more