The 'Bandit's Club' ends up in court 28 May 2019 3:36PM Finance regulation John Kavanagh Law firm Maurice Blackburn has launched a class action against five international banks, claiming they colluded to rig foreign exchange. The firm filed the class action in the Federal Court yesterday,.. read more
Foreign news: Barclays pays $97m for overcharging US clients, US pro-consumer card rules survive, bi 12 May 2017 4:26PM Foreign news Banking Day staff A unit of Barclays Plc will pay US$97 million to settle claims by the US Securities and Exchange Commission that it overcharged thousands of investors over a six-year period for services it never actu.. read more
Foreign news: Barclays trials contactless ATM withdrawals, Hengfeng Bank in trouble 23 November 2016 4:38PM Foreign news Banking Day staff Barclays is testing out new smartphone linked ATMS, and Hengfeng bank is the subject of an inquiry by Chinese banking regulators. read more
Foreign news: Lending Club loses another top executive as losses mount, Barclays reaches US$100 mill 10 August 2016 4:35PM Foreign news Banking Day staff Embattled US marketplace lender Lending Club is in more trouble, Reuters reports. read more
Foreign news: Brexit stalls BoA credit card business sale, three Barclays traders convicted and two 05 July 2016 4:19PM Foreign news Banking Day staff Bank of America is close to calling off the sale of its £7 billion credit card operations in the UK. read more