10/30/2012

FSA sees rise in whistleblowing cases

‘Whistleblowing cases are becoming much more common and they can be hugely significant for companies; we have investigated cases where losses of up to £1 billion have been reported by a whistleblower.'

10/30/2012

Barclays hit by fresh US investigations

Barclays, already rocked by an interest rate rigging scandal, unveiled two new US regulatory investigations into the bank's financial probity on Wednesday and said its profit was hit by charges for mis-selling insurance.

10/28/2012

HMRC woos divorcees for tax evasion tip-offs

“HMRC is under intense pressure from the Treasury to increase the tax yield for the Exchequer and they are increasingly resorting to unorthodox methods to get the job done, such as paying informers for tips that may lead to the opening of enquiries

10/25/2012

French prosecutor wants to question Madoff, UBS

France's prosecutor has asked an investigating judge to question jailed swindler Bernard Madoff and Swiss bank UBS as part of a probe of investor losses from Madoff's multibillion-dollar Ponzi scheme, a judicial source told Reuters.

10/25/2012

RBS Trader Placed on Leave Amid Rate-Setting Probe

In a statement, the bank said, "Our investigations into submissions, communications and procedures relating to the setting of Libor and other interest rates are ongoing. RBS and its employees continue to co-operate fully with regulators."