legal case

mtn logo

MTN fined $5.2 billion. Negotiations to continue.

02/11/2015(0)
Stock halted in Johannesburg after paring earlier decline Phone company has lost abouth fifth of its value since penalty MTN Group Ltd., Africa’s largest wireless operator, remains in negotiations ... Read More
rabobank

Rabobank trader tells jury he ignored traders’ requests to rig Libor

29/10/2015(0)
A former Rabobank trader accused of engaging in a scheme to manipulate Libor told a jury on Wednesday that he sometimes learned of improper requests from traders to rig ... Read More
Bernard Madoff

$1B in legal fees for recovery of Madoff losses is a ‘good return on investment’

22/10/2015(0)
Lawyers recovering money for victims of Bernard Madoff’s Ponzi scheme say total legal fees in the case could reach $1 billion. In an interview with ABC News, court-appointed trustee Irving ... Read More
Amazon building

Amazon and New York Times battle publicly over story’s accuracy

21/10/2015(0)
Two months after a damning New York Times story about Amazon’s corporate culture, the retailer has published a blistering response, accusing the paper of misrepresenting the company. The Times ... Read More
bank street

Ex-Rabobank Trader Says `Libor Time’ Was Call to Fix Rates

20/10/2015(0)
Second former trader testifying against colleagues at trial Libor tied to more than $350 trillion of loans and securities “It’s Libor time.” That was the call ahead of Rabobank Groep’s ... Read More
Samsung-pay

Samsung Electronics says mobile payments data safe after LoopPay hack

08/10/2015(1)
Tech giant Samsung Electronics Co Ltd said its Samsung Pay user data is safe after a hacking attack against a U.S.-based subsidiary that developed a key technology for its ... Read More
bp

US, states announce settlement with BP over gulf oil spill

06/10/2015(0)
The Justice Department and five states on Monday announced a $20 billion final settlement of environmental damage claims arising from the 2010 Deepwater Horizon oil spill in the Gulf ... Read More
UBS-building

In defeat for UBS, Connecticut top court finds broad whistleblower rights

06/10/2015(0)
Ex-UBS executive says was fired for complaints State law offers broader protection than US Constitution Connecticut’s highest court made it easier for private sector workers to bring whistleblower claims ... Read More
ubs

UBS Unit to Pay $34 Million in Settlements Over Puerto Rico Bond Funds

30/09/2015(0)
Settlements stem from former broker who had customers invest borrowed money in the funds A unit of UBS Group AG agreed to pay roughly $34 million in settlements with ... Read More
barclays-logo-3

SFO to press Barclays over £7bn fundraising in private hearing

29/09/2015(0)
Serious Fraud Office will apply for access to evidence regarding how the bank raised the funds during the 2008 financial crisis A private hearing is to take place in ... Read More
Broker Cyprus TopFX