Latest News

May 28, 2015

Barclays receive record fine for Forex rigging

28 May 2015 Barclays have this week received fines totalling £1.6bn for its role in forex rigging. This includes a fine of £285m given by the […]
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 […]