Entries in Barclays Bank (13)
Three former employees of Barclays Bank plc were convicted Monday by a jury at the Southwark Crown Court of manipulating the U.S. Dollar LIBOR.
Barbara Brooks Kimmel: Recognize a low trust organization, and reap the rewards of a high trust culture
The U.S. Department of the Treasury’s Office of Foreign Assets Control said Monday it fined Barclays Bank Plc $2.48 million to resolve potential civil liability for 159 apparent violations of the Zimbabwe sanctions regulations.
At a recent ubiquitous FCPA conference, Assistant Attorney General Leslie Caldwell noted that even more resources would be added to the Fraud Section’s FCPA Unit, increasing the number of prosecutors by 50% from 20 to 30 trial attorneys, making this specialty unit larger than the entire white collar sections of most United States Attorneys’ Offices nationwide.
The UK Financial Conduct Authority fined Barclays Bank £72 million ($108 million) Thursday for rushing to serve rich politically exposed persons and keeping their deal secret.
Brazil's antitrust agency opened an investigation into fifteen foreign banks and thirty individuals for allegedly forming a cartel to manipulate exchange rates of local Brazilian reals and foreign currency.
The UK Serious Fraud Office filed its annual report for the year ended March 31, 2015 with the government Tuesday.
The UK Financial Conduct Authority on Wednesday fined Merrill Lynch International £13,285,900 ($19.8 million) for incorrectly reporting 35,034,810 transactions and failing to report another 121,387 transactions between November 2007 and November 2014.
The UK Serious Fraud Office could decide "as soon as next month" whether to charge former Barclays executives over undisclosed payments the bank made to Qatar's sovereign wealth fund in 2008, when the Bank was trying to raise money during the credit crunch.