Every morning, from his desk by the bathroom at the far end of Royal Bank of Scotland Group's trading floor overlooking London's Liverpool Street station, Paul White punched a series of numbers...
- Sat
- May 25, 2013
- Updated: 2:28am
Trending topics
25 Oct 2012
An appeal by the man behind France's biggest rogue-trading scandal against a three-year jail term and a €4.9 billion (HK$49 billion) fine was rejected by a court in Paris yesterday.
4:44AM
2 Mar 2012
Work pressures, and shrinking commissions and bonuses are pushing traders to engage in rogue trading, global auditing firm Pricewaterhouse Coopers has found.
8:52AM
20 Sep 2008
At a time when global markets are in turmoil and financial institutions battling to stay afloat, the last thing a bank needs is the discovery of a rogue trader in its ranks.
10:11AM
26 Jan 2008
Financial skulduggery is as old as finance itself. What is shocking, however, about Jerome Kerviel, a futures trader at leading French bank Societe Generale, is the scale of his reported deception...
5:48PM
For a man who has just turned an encounter with financial scandal, jail, divorce and colon cancer into a 317-page self-help book, Nick Leeson sounds surprisingly flat.
10:46AM
JAPAN'S corporate culture leaves much to be desired. One particularly ingrained and outdated unwritten rule is requiring the resignation of the top dog to take responsibility for the scandalous...
2:08PM
Senior executives at the Singapore office of Barings, the merchant bank that collapsed last year with losses of GBP830 million (about HK$9.86 billion), were yesterday alleged to have conspired in...
11:06AM
In the wake of two major 'rogue' trading scandals that rocked global stock markets this year, Cedel Group chairman Robert Douglass has sounded a warning against the 'greed factor'.
2:07AM
JUST as Japan Inc was recovering its composure from the aftershocks of the Daiwa affair, another and potentially more damaging trading scandal has emerged to rock confidence in the country's...
10:23PM
The former head of Barings in Asia, James Bax, will not be prosecuted by the Singapore authorities in connection with the collapse of the bank in February 1994.
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