MF Global to return £54m to clients

Richard Heis, the joint special administrator of MF Global UK, said: '[The] court hearing represents an important milestone in returning some £54 million of agreed client assets.'


FSA Boos: Barclays' gaming culture

Andrew Bailey, head of the Prudential Business Unit at the Financial Services Authority (FSA), added that Mr Diamond's account of his and the bank's relationship with regulators was "highly selective".


Managers brace for new Commodity rules

The NFA rules are part of an ongoing response to recent market events, and are the result of coordinated and collaborative efforts by the Commission, self-regulatory organizations and market participants, including the two-day public Roundtable hosted by


UBS in line of fire over Libor moves

The US Justice Department, meanwhile, has identified potential criminal wrongdoing by big banks and individuals at the centre of the scandal.


Lawyer warns Coutts AIG clients: this may be your only offer

Robert Morfee, a lawyer from Clarke Willmott who specialises in investment disputes and has been working with a number of clients who were invested in the AIG fund, has warned Coutts’ clients who are receiving offers that they should be mindful of