News
RBS cuts 30,000 jobs; trims business; faces class-action suits
Losses and Lawsuits
SEC charges Toronto trader over $21m market abuse
Losses & Lawsuits
FSA hands £1m to UK 'boiler room' scam victims
Losses & Lawsuits
AIG under fraud spotlight
Losses & Lawsuits
SEC strikes deal with Madoff
Losses & Lawsuits
Merrill fined $1 million over conflicts of interest
Losses & Lawsuits
ING loses EUR1bn; cuts 7,000 jobs
Losses & Lawsuits
GFX capital fund manager seized over £40m fraud
Losses & Lawsuits
Maxam Fund sues auditors
Losses & Lawsuits
Court of Appeal rules on unfair bank charges
Daily news headlines
SEC charges two over $500m "brazen" fraud
Daily news headlines
FDIC: 252 US banks now at risk
The US Federal Deposit Insurance Corporation (FDIC) now has 252 banks on its "problem list", and the industry has dipped into the red for the first time in almost two decades.
VTB Capital enters steam coal market
Russian bank VTB Capital has joined coal trading marketplace globalCOAL to develop its risk management operations in the Pacific region steam coal market.
Spectron begins brokering softs and ags
Interdealer broker Spectron has launched a soft commodities and agricultural products desk.
Fannie Mae hit by $25.2 billion loss in Q4
Government sponsored entity (GSE) Fannie Mae announced losses of $25.2 billion for the fourth quarter of 2008 yesterday, linked to mortgage defaults, falling home prices and ailing credit markets. The poor showing was driven by $12.3 billion in net fair…