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Posts related to ‘Libor manipulation’

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Gold Fixings: Another Libor?

Posted: March 14, 2013 at 8:15 am

The U.S. Commodities Futures Trading Commission (CFTC) is examining the manner in which physical gold prices are fixed, with an eye toward whether or not the fixing is transparent. The ...
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UBS Near Settlement on Libor Scandal

Posted: December 3, 2012 at 12:32 pm

A second major bank is near a settlement agreement with regulators related to charges of manipulating the Libor interest rate. Swiss banking giant UBS A.G. (NYSE: UBS) is expected to ...
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Media Digest (9/20/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: September 20, 2012 at 6:26 am

Nike Inc. (NYSE: NKE) will buy back $8 billion in shares. (Reuters) More than 5 million Facebook Inc. (NASDAQ: FB) members are children who have been banned from the social ...
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Barclays CEO Gives Up $31 Million on His Way Out the Door

Posted: July 10, 2012 at 8:52 am

The now-former CEO of Barclays plc (NYSE: BCS), Robert Diamond, has given up his claim on $31 million in stock bonuses after being forced to resign following the scandal over ...
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Deutsche Bank Probed in LIBOR Rigging — Reuters

Posted: July 6, 2012 at 2:15 pm

Manipulation in setting the London Inter Bank Offered Rate (Libor) has already cost the CEO of Barclays plc (NYSE: BCS) his job and cost the bank about $450 million in ...
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Media Digest (4/14/2011) Reuters, WSJ, NYT, FT, Bloomberg

Posted: April 14, 2011 at 4:08 am

A  report  from the Senate Permanent Subcommittee on Investigations accuses Goldman Sachs Group (NYSE: GS) of selling weak financial securities and betting against the interests of its clients. (Reuters) Glencore ...
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