UK Serious Fraud Office

BRITAIN BAE
BRITAIN BAE

Rolls-Royce says net profits surge in 2012

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

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'

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

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.