British lawmakers published results of their investigation into Barclays efforts to manipulate Libor and other interbank lending rates. They were less than happy with cooperation provided by former CEO Bob Diamond.
Deutsche Bank is one of four European lenders being investigated by U.S. authorities for possible violations involving oil-trading and Iran, a source told Bloomberg.
Turns out it wasn’t just idle threats and sewing-circle chitchat when bond insurer Ambac said a week ago that it may have to enter bankruptcy. The company today announced it had filed for Chapter 11 protection in the U.S. Bankruptcy Court in the southern district of New York.
Ambac said it was Read More