U.S., Britain may file criminal charges this summer against Barclays employees that allegedly rigged Libor rates, according to the Wall Street Journal.
Judge says complaints lacked detail on fraud allegations against brokers but that credit union can come back with more details.
Federal court in Florida says it needs more time to review motions from banks and ratings agencies.
Oskar Mielczarek says in lawsuit that he was let go for hiring staff who weren't Polish.
Region I Director Mark Treichel will replace the retiring David Marquis as the next NCUA executive director, the agency announced Thursday.
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...
Joint probe revealed that Barclays traders purposely manipulated the London interbank offered rate, known as Libor, for their own financial benefit.
Morningstar has added MEMBERS Trust Co.’s exchange traded fund models to its listing.
The nationally chartered and credit union-owned MEMBERS Trust Co.’s exchange traded fund models are now listed with Morningstar.
Florida CU names Wells Fargo, J.P. Morgan, Merrill Lynch and others for creating phony demand for residential mortgage loans.