BRUSSELS, May 20 (Reuters) - European Union regulators plan
to charge broker ICAP soon with rigging the yen Libor financial
benchmark, the EU's antitrust chief said on Tuesday. "In the coming days we will probably issue a statement of
objections to the broker," European Competition Commissi
BRUSSELS, May 20 (Reuters) - European Union antitrust
regulators charged on Tuesday HSBC, JPMorgan
and Credit Agricole with rigging financial benchmarks
linked to the euro. The move followed a record 1.7-billion-euro ($2.3 billion)
fine levied on six banks including Deutsche Bank,
Royal Ba
* 519,000 disputes settled, more than double 2012 figure * PPI complaints account for 78 percent of cases LONDON, May 20 (Reuters) - Britain's Financial Ombudsman
Service settled a record 519,000 disputes last year, more than
double the number in 2012, with the increase driven by case
(Adds Standard Chartered) May 19 (Reuters) - The following financial services industry
appointments were announced on Monday. To inform us of other job
changes, email to moves@thomsonreuters.com. BARCLAYS PLC The company appointed Dan Miller as managing director, head
of equitie
LONDON (Alliance News) - Britain's biggest banks have backed the establishment of an independent body known as the Banking Standards Review Council to improve standards as the industry looks to mend its reputation, with Bank of England Governor Mark Carney set to play a major role in helping to i
* BoE governor Carney to oversee chairman appointment * Carney urges all banks operating in UK to participate * Lambert expects "good number" of overseas banks to join * Banks must report on culture, practices each year
(Adds industry reaction, further details) By Matt S
By Huw Jones LONDON, May 19 (Reuters) - Banks in Britain broadly support
Bank of England plans for yearly checks on their capital levels,
although they disagree on how detailed the published results
should be. Eight of Britain's biggest banks, including Barclays
, RBS, Lloyds and HSBC
- AstraZeneca drops sharply after rejecting Pfizer offer
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techMARK 2,714.40 -1.13%
FTSE 100 6,823.23 -0.48%
FTSE 250 15,475.65 +0.50%
UK stocks fell on Monday morning with AstraZeneca leading the decline after rejecting a fi
LONDON, May 19 (Reuters) - Richard Lambert, the man tasked
with setting up a new standards body for British bankers, on
Monday ruled himself out of the running to become its first
chairman. Lambert, 69, said he could not commit to the period of time
needed to estabish the Banking Standards
LONDON, May 19 (Reuters) - A new standards body for British
bankers will be launched later this year with a chairman
appointed by an independent panel led by Bank of England
Governor Mark Carney. Richard Lambert, a former director general of the
Confederation of British Industry, who was ta