A straw to cling to…Article 3 of the Regulation (EU) No 651/2012 on the issuance of Euro coins published today:
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27 July 2012
Greece’s last hope? New EU rules allow coins to “be put on market above face value”
27 July 2012
Parliamentary Commission on Banking Standards: Call for evidence
The Parliamentary Commission on Banking Standards, established as the LIBOR scandal started to unfurl, yesterday issued its call for evidence, inviting responses by 24 August 2012 to the following initial questions:
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27 July 2012
Print room insider dealers get 16 years
The six individuals found guilty earlier this week of insider dealing under the Criminal Justice Act 1993 have received prison sentences ranging from three and half years to eighteen months, totalling 16 years in aggregate.
27 July 2012
Misery piles up for Barclays: FSA investigates 2008 capital raising
What’s this on page 64 of Barclays interim results today?
“The FSA has commenced an investigation involving Barclays and four current and former senior employees, including Chris Lucas, Group Finance Director. The FSA is investigating the sufficiency of disclosure in relation to fees payable under certain commercial agreements and whether these may have related to Barclays capital raisings in June and November 2008.
Barclays considers that it satisfied its disclosure obligations and confirms that it will cooperate fully with the FSA’s investigation.”
Those were of course the capital raisings from Middle East investors that enabled Barclays to avoid having to take an explicit Government bailout.
