Bank scandals tarnish London’s reputation
It’s been a tense summer in the City of London as one bank after another has faced allegations of massive misbehavior. Bankers in the British capital, which has for centuries been a center for global...
View ArticleUK fraud office arrests 3 in LIBOR rate probe
Britain's Serious Fraud Office says three people have been arrested as part of an investigation of the manipulation of the LIBOR market rate.
View ArticleBarclays to cut at least 3,700 jobs
Barclays PLC has announced plans to cut at least 3,700 jobs in a major restructuring that follows a scandal-hit year for the U.K. bank.
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