RBS Wins: Singapore LIBOR Papers to Be Sealed
The decision came in a closed hearing after the bank said that public availability of the documents could have “extensive potential prejudice” on confidential regulatory investigations.
RBS Managers Condoned LIBOR Manipulation: Report
Between 2007 and 2010 it was common for not just RBS traders but their managers as well to push the rate up or down to boost derivatives profits, Bloomberg said.
Citigroup Sues Rajaraman Over Gold
The Singapore unit of Citigroup is suing hedge fund manager Raghavendran Rajaraman over losses it says he incurred after the price of gold fell from its record in September.
Morgan Stanley Loses One CDO Dispute, Settles Another
Morgan Stanley had a rough day settling one dispute over CDOs and losing another in a New York courtroom.