Tag: banks
Iceland to hold referendum on new constitution
By a Newsnet reporter The people of Iceland are to be given the opportunity to vote on whether to accept plans for a new...
Lloyds becomes latest British bank to be implicated in Libor rigging...
By Martin Kelly A second British bank has been implicated in the Libor rate rigging scandal after explosive documents were released by US authorities...
Consensus breaks out between Labour and Conservatives over rate rigging inquiry
By Bob Duncan Chancellor of the Exchequer George Osborne has climbed down from claims that shadow chancellor Ed Balls was personally involved in the...
‘Smoking gun’ email suggests Barclays were encouraged to manipulate LIBOR by...
By Martin Kelly An internal memo released by Barclays Bank indicates that in 2008 senior Whitehall officials were expressing concern at the level of...
SNP welcomes banking inquiry as records show LIBOR warnings ignored in...
By Martin Kelly The SNP has offered a cautious welcome to the announcement of a joint parliamentary inquiry into standards in banking by Chancellor...
Will the LIBOR banking scandal catch up with Brown and Darling?
By Martin Kelly Rigging interest rates and miss-selling financial products that led to hikes in mortgages, increased loan repayments and businesses closing down...
Calls for Labour to come clean on LIBOR scandal as RBS...
By G.A.Ponsonby The Labour party is facing calls to clarify what its senior Ministers knew of the LIBOS rate rigging scandal, which occurred when...
More banks involved in rate rigging scandal as calls grow for...
By Martin Kelly Barclay’s Chief Executive Bob Diamond is facing increasing calls to step down as head of the under fire bank as...
Concerns for Spanish banks as PM’s call for market calm ignored
By a Newsnet reporter Despite the record government bailout of the embattled Spanish bank Bankia, and appeals by the Spanish Prime Minister for calm...
Complaints force BBC Scotland to admit bank article claims were false
By G.A.Ponsonby BBC Scotland chiefs are facing accusations of deliberate news manipulation after the corporation was forced to admit that claims it made in...