Tougher scrutiny of risk management urged
Mon, 19 Sep 2011 00:07:40 +0100
Scrutiny of risk management needs to be stepped up in nearly a third of boards, according to research by the Chartered Institute of Internal Auditors
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LSE share of Footsie dips below 50%
LSE share of Footsie dips below 50%
Sun, 18 Sep 2011 23:30:26 +0100
First slip below 50% shows London exchange continues to face stiff competition from rival platforms such as Chi-X Europe and BATS Europe
UBS says trader hid loss with fake deals
UBS says trader hid loss with fake deals
Sun, 18 Sep 2011 20:43:08 +0100
Kweku Adoboli used fictitious counter-trades to cover loss-making positions, the bank alleges, the same tactic used by a trader at SocGen in 2008
Cash pipeline to aid bank funding
Cash pipeline to aid bank funding
Sun, 18 Sep 2011 10:00:30 GMT
A new electronic trading platform expected to launch in January could help funnel more wholesale funding to Europe's beleaguered banking sector
