Barclays

• Report: Criminal Charges Being Prepped in Libor Rigging Case

  By Heather Anderson  |  June 7, 2013

  U.S., Britain may file criminal charges this summer against Barclays employees that allegedly rigged Libor rates, according to the Wall Street Journal.

• Space Coast CU $100 Million CDO Suit Dismissed, Court Permits Amended Complaint

  By Michelle A. Samaad  |  March 20, 2013

  Judge says complaints lacked detail on fraud allegations against brokers but that credit union can come back with more details.

• Space Coast CU’s Mortgage-Backed Securities Suit on Hold

  By Michelle A. Samaad  |  February 8, 2013

  Federal court in Florida says it needs more time to review motions from banks and ratings agencies.

• Fired CEO Sues, Says Polish & Slavic FCU Demanded He Discriminate

  By David Morrison  |  October 18, 2012

  Oskar Mielczarek says in lawsuit that he was let go for hiring staff who weren't Polish.

• Regional Director Treichel Named NCUA Executive Director

  By Heather Anderson  |  October 18, 2012

  Region I Director Mark Treichel will replace the retiring David Marquis as the next NCUA executive director, the agency announced Thursday.

• Libor Scheme Shorted Corporate Income

  By Heather Anderson  |  July 16, 2012

  The Libor price-fixing scandal, in which the London-based bank and financial services company Barclays manipulated Libor submissions to give a healthier picture of the bank’s credit quality in 2007 and 2008, has had little material effect on credit unions, according to industry experts. However, corporates that owned Libor-indexed assets during...

• Barclays CEO Resigns Amidst Libor Scandal

  By Heather Diamond  |  July 3, 2012

  Joint probe revealed that Barclays traders purposely manipulated the London interbank offered rate, known as Libor, for their own financial benefit.

• Members Trust ETFs on Morningstar

  By Michelle A. Samaad  |  June 25, 2012

  Morningstar has added MEMBERS Trust Co.’s exchange traded fund models to its listing.

• MEMBERS Trust Makes Morningstar Listing

  By Michelle A. Samaad  |  June 11, 2012

  The nationally chartered and credit union-owned MEMBERS Trust Co.’s exchange traded fund models are now listed with Morningstar.

• Space Coast Files $100 Million CDO Suit Against Banks

  By Michelle A. Samaad  |  March 12, 2012

  Florida CU names Wells Fargo, J.P. Morgan, Merrill Lynch and others for creating phony demand for residential mortgage loans.