UK Serious Fraud Office
Rolls-Royce says net profits surge in 2012
Feb 14, 2013 04:22 EST
Aircraft engine maker Rolls-Royce said Thursday that net profits surged last year, boosted by strong revenues and the sale of its stake in US-based International Aero Engines, and appointed its new chairman.
Barclays axes 3,700 jobs after scandal-hit year
Feb 12, 2013 13:01 EST
Britain's troubled Barclays bank will axe at least 3,700 jobs this year, it announced on Tuesday after revealing that it plunged into the red in 2012 amid the notorious Libor rate-rigging crisis.
Barclays to cut 3,700 jobs after 'reputational damage'
Feb 12, 2013 04:51 EST
Barclays will cut at least 3,700 jobs this year and slash costs, the scandal-hit bank announced on Tuesday as it also revealed that it had plunged into an annual net loss amid the Libor rate-rigging crisis.
Barclays says to cut at least 3,700 jobs this year
Feb 12, 2013 03:32 EST
Barclays said on Tuesday it intended to cut at least 3,700 jobs this year and the bank, hit by the Libor rate-rigging scandal, added that it had plunged into an annual net loss.
Barclays CEO gives up bonus after scandal-hit year
Feb 01, 2013 11:40 EST
Barclays bank chief executive Antony Jenkins announced on Friday that he would give up his 2012 bonus after a "very difficult year" at the lender, which has been plagued by the Libor rate-rigging scandal.
US probes HP's Autonomy fraud allegations
Dec 28, 2012 15:39 EST
US authorities are probing allegations by Hewlett-Packard that a British software firm it bought out had fraudulent accounts, the US tech giant said in its annual report released Thursday.
Libor rate-rigging probe stepped up, arrests made
Dec 11, 2012 21:33 EST
The Serious Fraud Office has stepped up its probe into rigging of the Libor interbank lending rate, making its first arrests in a scandal that has shaken faith in London's role at the heart of the global financial system.
Britain steps up Libor rate-rigging probe, makes arrests
Dec 11, 2012 21:19 EST
Britain has stepped up its probe into rigging of the Libor interbank lending rate, making its first arrests in a scandal that has shaken faith in London's role at the heart of the global financial system.
Three arrested in UK Libor rate-rigging probe
Dec 11, 2012 11:36 EST
Britain stepped up its probe into rigging of the Libor interbank lending rate, making Tuesday its first arrests in a scandal that has shaken faith in London's role at the heart of the global financial system.
Three held in UK Libor manipulation probe
Dec 11, 2012 07:37 EST
British police and investigators arrested three men on Tuesday on suspicion of manipulating the interbank lending rate Libor, the Serious Fraud Office said.
Three held in UK over manipulating Libor rate
Dec 11, 2012 07:04 EST
British police and investigators arrested three men on Tuesday on suspicion of manipulating the interbank landing rate Libor, the Serious Fraud Office said.
FTSE edges up after Bank of England holds rates
Dec 06, 2012 13:01 EST
London shares edged higher on Thursday after the Bank of England froze its record-low interest rate in a widely expected move one day after the government extended austerity measures and slashed growth forecasts.
Rolls-Royce may face Asia-linked corruption probe
Dec 06, 2012 06:51 EST
Aircraft engine maker Rolls-Royce on Thursday warned it may be prosecuted over alleged "malpractice" in Indonesia and China after passing on information related to bribery concerns to Britain's fraud office.
Rolls-Royce warns it may face corruption charges
Dec 06, 2012 03:14 EST
Aircraft engine maker Rolls-Royce said it may be prosecuted over alleged "malpractice" in Indonesia and China after passing on information related to bribery concerns to Britain's fraud office.
Barbs fly between HP and former exec on probe
Nov 27, 2012 15:05 EST
Hewlett-Packard and the former head of a British software firm it acquired traded barbs Tuesday over the US firm's allegations of deliberate accounting tricks ahead of a massive writedown.
London shares drop as Qatar sells Barclays warrants
Nov 26, 2012 12:29 EST
London shares closed lower on Monday as shares in Barclays plunged after its key shareholder Qatar sold warrants on the troubled bank.
HP woes deepen with bad deal writedown
Nov 20, 2012 17:14 EST
Hewlett-Packard's woes deepened Tuesday as the US tech giant reported a massive loss, blaming deliberate financial misstatements from a British software firm it bought last year.
HP seeks fraud probe on acquired firm after writeoff
Nov 20, 2012 13:26 EST
Hewlett-Packard called Tuesday for a probe into "willful" financial misstatements by Autonomy, a British software firm it bought for over $10 billion, which HP now says was overvalued.
HP seeks fraud probe at British firm bought in 2011
Nov 20, 2012 12:44 EST
Hewlett-Packard called Tuesday for a probe into "willful" financial misstatements by Autonomy, a British software firm it bought for over $10 billion, which HP now says was overvalued.
HP seeks fraud probe at Autonomy Corp.
Nov 20, 2012 09:09 EST
Hewlett-Packard called Tuesday for a probe into "willful" financial misstatements by Autonomy Corporation, a British enterprise software firm bought by HP last year for over $10 billion.