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Sunday, February 25, 2018

Six Major Banks Fined $4.3 Billion For Attempted Currency Manipulation

Learn more about the latest black eye for the financial industry.

November 12, 2014

UBS Charged With Tax Fraud In France

Paris (AFP) – Swiss bank UBS was on Wednesday charged with tax fraud in Paris for allegedly helping rich French clients to hide money in Switzerland, a judicial source said. The bank, which was already under investigation for illegal solicitation of customers in France, will now have to pay a total bail of 1.1 billion […]

July 23, 2014

U.S. Suit Alleges 12 Banks Colluded In Huge Forex Market

New York (AFP) — A dozen banking giants have been sued in New York for allegedly fixing global foreign exchange rates in the latest ripple to accompany government probes of the huge market. The defendants in the class-action lawsuit, which include BNP Paribas and JPMorgan Chase, shared confidential information during private online chat sessions to […]

April 1, 2014