A law clerk and a Morgan Stanley trader have been charged with insider trading, in a plot that involved passing information through messengers.
A national securities regulator has a powerful ally in new federal finance minister Joe Oliver.
Three of the banks implicated in foreign exchange rigging are holding off on bonuses until the results of internal investigations, says the Financial Times.
The Hong Kong Monetary Authority says UBS traders tried to manipulate the city’s benchmark interest rate between 2006 and 2009, Bloomberg reports.
SEC investigation is in early stages, says source.
One surefire way to halt a discovery conversation is to open with incorrect assumptions.
Two more British traders have been suspended as the probe into exchange rate manipulation continues on both sides of the Atlantic.
Marijuana laws in Canada will soon be getting an overhaul, report Profit and the CBC.
Centralized loan obligations, a little-known product made of bundles of loans to debt-laden companies, may be on the way out because of America’s new banking laws, says the New York Times.
Canadian banks have a surprisingly high percentage of loans as assets, reveals a Wired magazine infographic.