Britain, Regulators | featured news

Standard Chartered Settles With New York for $340 Million

New York’s top banking regulator had charged the British bank with laundering $250 billion in tainted money for Iranian clients.

 

Libor rate overhaul launched by UK regulator

Libor

Libor benchmark interest rates are no longer "fit for purpose" and must be changed or replaced, Britain's regulator said on Friday as he set out proposals to restore their credibility.

 

James Murdoch resigns from UK newspaper boards

James Murdoch resigns from UK newspaper boards

James Murdoch has resigned from the boards of the companies that publish its British newspapers including the now-defunct News of the World tabloid at the center of the phone hacking sandal, regulatory filings show.

 

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