News
Madoff feeder fund accused of fraud and deception
Losses and Lawsuits
FSA Wins first criminal sentence for insider trading
Losses and Lawsuits
Aviva and Swiss Re slash almost 3,000 jobs
Losses and Lawsuits
New York pension probe widens; Politician charged
Losses and Lawsuits
FSA Wins Winterflood market abuse case
Losses and Lawsuits
Holland & Knight sued over Nadel fraud
Losses and Lawsuits
EC issues remuneration principles for risk takers
Daily news headlines
Basel releases framework for assessing systemic risk of large banks
Daily news headlines
Cebs announces banking transparency hearing
Daily news headlines
CopperEye identifies data-retention issues
Daily news headlines
SEC wants authority over hedge funds
Daily news headlines
Fury over European hedge fund directive
Daily news headlines
Lewis ousted from BoA chair
Ken Lewis, chief executive and president of Bank of America, was voted out as chairman of the firm at a shareholders' meeting on April 29.
BaFin: German banking clean-up could involve €816bn of assets
Up to €816 billion of assets could be involved in a potential clean-up of the banking system, according to a report by the German finance regulator Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin).
Bank lending continues to fall in Europe and US
The first quarter of 2009 saw the supply of credit from banks to the wider economy continue to decline, although the riskiness of interbank lending has remained stable.
More than 100 firms apply to buy toxic assets under PPIP
More than 100 money managers have applied to the US Treasury to be granted fund manager status under the Public-Private Investment Programme (PPIP) and commence purchasing toxic mortgage securities with public money, the department announced yesterday.