British embassy questioned whether Malaysian PM Razak cleared of corruption The Guardian Exclusive: diplomatic cable said an investigation into mysterious $700m found in Najib Razak’s bank account had not absolved him of corruption | The British embassy in Kuala Lumpur has questioned a claim by the Malaysian prime minister, Najib Razak, that his country’s anti-graft agency had clear...
US sues Barclays over alleged mortgage securities fraud The Daily Telegraph Barclays is being sued by the US Department of Justice over alleged fraud in the sale of mortgage securities in the run-up to the financial crisis, after failing to agree a settlement. | The civil lawsuit accuses the bank of repeatedly deceiving inve...
Adani coalmine 'covertly funded' by World Bank, says report The Guardian The bank’s private sector arm is accused of subsidising loans that funded the Indian firm’s Queensland exploration bid | @jrojourno | Adani’s Carmichael mine has been “covertly funded” by the World Bank through a private arm that is suppose...
Goldman ordered to pay $120M to settle manipulation charges The Mercury News WASHINGTON — Goldman Sachs has been ordered to pay $120 million to settle federal regulators’ charges that it deliberately manipulated a global benchmark for interest-rate swaps to its advantage. | The U.S. Commodity Futures Trading Commissio...
Former BlackRock fund manager receives 12 month sentence for insider dealing The Daily Telegraph A former fund manager at the world’s biggest investment firm has been sentenced to a year in prison for insider trading, in a case that stretched to Switzerland and Panama and involved secret mobile phones. | Mark Lyttleton, 45, who used to work at...
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Nine questions for football in 2017: Will anyone stop Chelsea and where next for Wayne Rooney? Belfast Telegraph Also, can European football hold off the lure of China's mega money? Will Arsène Wenger call time on his reign in north London? | Share Nine questions for football in 2017: Will anyone stop Chelsea and where next for Wayne Rooney? | Independent.ie | Also, can European football hold off the lure of China's mega money? Will Arsène Wenger call time ...
Kuroda defends BOJ's yield curve control, upbeat on global outlook Yahoo Daily News By Leika Kihara | TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda defended his yield curve control policy on Monday, saying it had kept Japan's long-term interest rates from joining the uptrend in global yields and was helping the economy overcome stagnation. | Kuroda also shrugged off criticism made by some academics that his 2 percent in...