Paul White News
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Paul White, a former U.K. lawmaker jailed in a probe into expenses fraud by politicians, won a lawsuit alleging police wrongfully arrested him and searched his home without a warrant after his release from prison.
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Interdealer brokers, the middlemen who line up buyers and sellers of securities for banks, are emerging as key enablers in the Libor scandal after three firms paid a total of $2.6 billion for rigging global interest rates.
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The International Lead & Zinc Study Group is working with Chinese authorities to check data on lead mine production to make sure it wasn’t overstated.
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The inside story of how bankers lied, cheated and colluded to rig Libor, the world's most important interest rate.
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Every morning, from his desk by the bathroom at the far end of Royal Bank of Scotland Group Plc’s trading floor overlooking London’s Liverpool Street station, Paul White punched a series of numbers into his computer.
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Royal Bank of Scotland Group Plc’s interest-rate traders were seated with one of the main rate setters in its London office to share information, and discussed rates on conference calls, a fired trader said.
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Royal Bank of Scotland Group Plc’s interest-rate traders were seated with one of the main rate setters in its London office to share information, and discussed rates on conference calls, a fired trader said.
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BHP Billiton Ltd. borrowed more cheaply than higher-rated Australian banks as the world’s biggest mining company returned to its home bond market for the first time in more than a decade.
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Royal Bank of Scotland Group Plc managers condoned and participated in the manipulation of global interest rates, indicating that wrongdoing extended beyond the four traders the bank has fired.
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Australian banks may sell as much as A$20 billion ($20.1 billion) of covered bonds next year, according to Paul White, global head of debt syndicate at Australia & New Zealand Banking Group Ltd.
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