It was standard industry practice, according to the CCRC application for Mr Hayes, to select a rate within that accurate range best suited to the bank’s commercial interests – based, for example, on the trades it had done. That was, according to him and the other defendants in rate-rigging trials, in line with a fiduciary duty they had as part of their jobs to do all they could to maximise revenues and minimise losses for their banks.
His wife – a mergers and acquisitions manager at BP – worked on the oil giant’s takeover of TravelCenters....
“Either they just intended to commit theft and steal the assets, or they were acting like a white hat...
“But if you’re travelling later, maybe in the May bank holidays or the summer holidays then you’ve got time...
“The big picture is that actually since then the economy has been more resilient, unemployment has stayed low, real...
Shop sales in the UK unexpectedly fell in the run up to Christmas due to a “very poor month”...
The City regulator, the Financial Conduct Authority, said that mortgage lenders could now enforce repossessions of homes from borrowers...
Michael Stumo, whose daughter Samya Rose was killed in the 2019 Boeing 737 Max crash in Ethiopia, called the...
Speaking about the findings, Prof Bobby Duffy, director of the Policy Institute at KCL, said the findings suggest a...
Recent Comments