Latest News

May 1, 2015

Barclays’ set aside a further £800 million for FX market rigging

1 May 2015 Barclays’ has been forced to set aside an additional £800 million as it braces itself for a fine for rigging the Foreign Exchange […]
April 27, 2015

High Court grants Judicial Review of mis-sold Swaps compensation scheme

27 April 2015 Britain’s High Court on Friday gave permission for a judicial review of the Interest Rate Swap compensation scheme to go ahead. In what […]
April 16, 2015

Clydesdale Bank fined record £20.7 million for ‘serious failings’ in complaints handling process

16 April 2015 Clydesdale Bank has this week been fined £20.7 million by the Financial Conduct Authority (FCA) for serious failings in the way it handled […]
March 23, 2015

Judicial Review now a possibilty for Interest Rate Swap redress scheme

23 March 2015 On April 24th, in what is being described as a ‘landmark legal hearing’, a senior judge will be deciding whether the Financial Conduct Authority’s (FCAs) current redress scheme, […]
March 11, 2015


11 March 2015 The powerful Treasury Select Committee of MPs has warned banks and the regulator that they still have massive liabilities for mis-selling of Swaps […]
March 9, 2015

Barclays and Deutsche Bank traders face questioning over Euribor rigging

09 March 2015 The UK’s Serious Fraud Office (SFO) is set to question former traders of both Barclays and Deutsche Bank over allegations of Euribor rigging. Euribor […]