GE to sell off finance and real estate operations; U.K. industrial production disappoints; Deutsche Bank nearing settlement with regulators.
Chinese and European regulators crack down; PBOC readies for possible changing of the guard; European private lending down.
Erin Arvedlund’s new book traces the Libor from Evan Galbraith’s bathtub to global manipulation
Libor fallout unlikely to be stemmed by the bank’s “independent business practices review” led by Rothschild vice-chairman.
Latest allegations of malfeasance by the banking industry could be the most serious yet.
Former Barclays CEO Robert Diamond in for more harsh questions from U.K. Parliament over Libor scandal, while Bank of England Deputy Governor Paul Tucker no longer seen as potential central bank chief.