SEC

US futures firm MF Global Holding has been ordered to pay $1.2bn (£740m) in restitution to its customers over its collapse.

JO Hambro Investment Management (JOHIM) has created a resident non-domiciled (RND) team to cater for increasing demand for its products from international clients based in the UK.

The FBI is investigating whether insider trading took place in Heinz shares ahead of the food giant's historic deal with Warren Buffett's Berkshire Hathaway.

Barclays is at the centre of further scandal after a senior executive quit following revelations he shredded a report which said part of the bank was "out of control".

LIBOR

The New York Stock Exchange cancelled trades in shares which rose as much as 150% yesterday after Knight Capital's electronic trading system malfunctioned.

The JPMorgan Chase employee, dubbed the ‘London Whale', who was responsible for an estimated $2bn loss has left the bank.

JPMorgan Chase & Co has sold off around 70% of the ‘London Whale' position which caused $2bn of trading losses for the investment bank, according to reports.

JP Morgan Chase has sold an estimated $25bn of profitable securities in an effort to boost earnings and recoup some of the $2bn it suffered in trading losses earlier this month.

Britons rank second in a list of non-US nationals most keen to tip America's regulators off about suspected financial crime, according to the first annual report on the Securities & Exchange Commission's whistleblower programme.