Germany's financial watchdog Bafin has cleared Deutsche Bank's former co-chief executive Anshu Jain of lying to the Bundesbank during investigations into interest rate manipulation, the Financial Times reported on Saturday. Citing a copy of a letter seen
Sri Lanka has received $1.8 billion of bids for a proposed $500 million loan via a foreign currency term financing facility, two finance ministry officials knowledgeable about developments told Reuters on Tuesday. "We have got $1.8 billion worth bids and
Brazil's antitrust body announced an unprecedented probe for the country into alleged foreign exchange market rigging by 15 banks including Citigroup and HSBC, which are accused of colluding to form a secret cartel. "There are strong indications of antico
The London Bullion Market Association (LBMA) could soon take steps to report trades of the over-the-counter gold market, but the prospect of higher costs makes an exchange-traded model unattractive to participants for now, its chief executive said. The LB
Top bankers in Britain could have their bonuses clawed back a decade after they were awarded under proposals from regulators on Tuesday that would make industry pay curbs the toughest in the world. Critics said the plans meant that British banks would hav