HSBC is set to review its domicile after tax scrutiny surrounds its Swiss private bank, and further FX manipulation fines arise. Could a Labour win at the polls be the final deciding factor?
Read moreLabour Party Shadow Chancellor Ed Balls may increase corporation tax by 5%, whilst Ed Miliband seeks to hit the high earners. LeapRate takes a close look at the potential effect on the business, and at what has gone before
Read more"The Apex Bank noted that the wide gap between the official and interbank value of the naira had engendered undesirable practices, including round tripping, speculative demand, rent seeking, spurious demand and inefficient use of scarce foreign exchange resources by economic agents" - Ibrahim Mu’Azu, Director of Corporate Communications, Apex Bank
Read moreA report by the Wall Street Journal states that JPMorgan, by contrast to many interbank FX dealers and market participants, recorded a gain of between $250 million and $300 million following the sharp appreciation of the Swiss franc on January 15 this year
Read moreAnalysts at JP Morgan have predicted that the taxpayer-owned financial institution faces the biggest remaining bill for misconduct of the major UK banks, more than six years after its £45 billion bail-out, however profit continues to be strong
Read moreRabobank's Gary Andrews and Chris Twort cut their compulsory leave short by leaving the company after an internal inspection into their professional activities
Read moreG-20 nations will hear proposals by the Financial Stability Board at November's Brisbane summit as to whether to totally isolate bank traders which execute fix orders by imposing a sealed and strictly monitored environment as a matter of course
Read moreNomura has made five members of its FX division redundant this week, including four London-based FX sales executives along with the firm's North American Head of FX Sales
Read moreIn his career in FX which spans over 20 years, Noel Singh joins ABN AMRO this week as Product Consultant
Read moreUS banking giant paid $318 million in exchange and clearing fees to the CME and Chicago Board of Trade, but had unexplained over-accruals of approximately $451,318 from 196 clients
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