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Magellan slashes sub-prime mortgage rates to 5.42%

Magellan, the first sub-prime lender to launch since the credit crunch, has cut rates acro...

  • Feb 04, 2014
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LIBOR scandal continues as three ex-Rabobank traders face charges

Three former Rabobank traders have been charged in the US with manipulating the yen LIBOR ...

  • Jan 14, 2014
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FCA fines soar 43% in 2013 as regulator bites back

Fines levied by the regulator against the financial services industry soared by almost 50%...

  • Dec 11, 2013
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EU fines ‘shocking’ bank cartel £1.4bn for rate-rigging

The European Commission has fined eight financial institutions including Barclays and RBS ...

  • Dec 04, 2013
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Osborne leaned on EU for lenience over Co-op capital; PM pledges inquiry into drugs scandal

George Osborne attempted to spare the Co-operative Bank from tougher EU capital treatment ...

  • Nov 20, 2013
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Sub-prime lender slams ‘fast asleep’ mortgage brokers

The managing director of the first sub-prime lender to launch since the credit crunch has ...

  • Nov 13, 2013
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FCA fines Rabobank £105m for LIBOR manipulation

The Financial Conduct Authority (FCA) has fined co-operative banking group Rabobank £105m...

  • Oct 29, 2013
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ICAP Europe fined £14m for ‘significant failings’ in relation to LIBOR

The Financial Conduct Authority (FCA) has fined ICAP Europe Limited (IEL) £14m for miscon...

  • Sep 25, 2013
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Barclays faces £100m payout

Barclays is to face another payout, of £100m, this time for a paperwork blunder that led ...

  • Sep 18, 2013
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Barclays in negotiations with FCA over new fine

Barclays bank is facing new fines in the region of tens of millions of pounds in associati...

  • Sep 16, 2013
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