A two-timing investment banker has been jailed for two years and eight months for insider dealing.
The Financial Services Authority (FSA) has successfully prosecuted a two-timing investment banker for insider dealing.
UBS turned a blind eye when traders broke the bank's own internal rules, as long as they made a profit for the bank, the lawyer defending 'rogue trader' Kweku Adoboli has argued.
The former UBS trader accused of losing the bank more than $2bn in unauthorised trades owed money to eight payday loan firms when he was arrested last year, a court heard yesterday.
A former investment banker and his wife have been ordered to pay more than £1.5m for their benefits from insider dealing and warned they may have to serve extra jail time if they fail to do so.
Six people have been jailed after a successful Financial Services Authority (FSA) prosecution for insider dealing.
The chief executive of Japan's Nomura Holdings has resigned following a damaging insider trading scandal.
Six men have been convicted of offences relating to insider dealing which netted them £732,000 in profits.
Three people have been handed custodial sentences after pleading guilty to charges of insider dealing.
The Royal Bank of Scotland, the UK's largest government-owned lender, has dismissed at least four employees in connection with a probe of potential interest-rate manipulation, sources told Bloomberg News.