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Lloyds Sale to Begin Soon, R...
George Osborne indicated that the 39 percent of Lloyds current owned by taxpayers could be sold ‘within months.’ The Chancellor announced the impending sale during a Mansion House speech, which he...
Libor Scandal: Tom Hayes Cha...
33-year-old former UBS and Citigroup trader Tom Hayes has been charged with a variety of conspiracy offenses regarding his involvement in the Libor interest rate scandal. The derivatives trader has be...
Royal Bank of Scotland Share...
The departure of Royal Bank of Scotland boss Stephen Hester caused the company’s share price to drop in Thursday morning trading. Hester, who joined RBS in 2008 at the peak of the financial crisis,...
Thomas Hayes Faces Court Ove...
Controversial former UBS trader Thomas Hayes was the first in a series of bankers to be prosecuted for their involvement in the Libor scandal. The former investment banker appeared in court on June 20...