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INDUSTRY

FSA begins enforcement action over UBS rogue trades

03 Feb 2012 | 11:23

The FSA has begun a formal enforcement investigation into the rogue trade losses revealed by UBS last September.

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FSA fines former JC Flowers UK chief £2.9m

The FSA has fined Ravi Shankar Sinha, the former CEO of JC Flowers & Co UK, £2.867m for fraudulently obtaining £1.367m for himself from a company owned by a private equity fund advised by JC Flowers by means of a fictitious invoicing scheme.

31 Jan 2012 | 10:21

UBS 'rogue' trader pleads not guilty to charges

The alleged rogue trader at the heart of a multi-billion pound fraud investigation has pleaded not guilty to two charges of false accounting and two of fraud.

30 Jan 2012 | 11:15

Other news

  • Hester's £963k bonus 'kick in the face' to public
  • Bank of England proposes in-house oversight committee
  • Swiss bank chief in line for £600,000 payoff
  • RBS to cut 3,500 jobs; Hoare Govett up for sale
  • Cameron promises shareholders power to limit executive pay
  • Britons rank second in US whistleblowing league
  • TSC advisers pushed FSA to scrutinise its role in RBS failure
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FEATURES

Spotlight on the media sector

Charles McIntyre, manager of the IBIS Media VCT, examines the wealth of opportunities available in mass communications.

Profitable ethanol

Piers Denne, head of sales and marketing at Future Capital Partners, discusses how Future Fuels aims to take advantage of developments in the ethanol market.

Don’t fall foul of the regulator

UCIS are perfectly safe products to recommend, if done in the right manner, says Tony Bray of threesixty Services.

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CONJECTURE

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