More than two years on from the start of the LIBOR scandal the English Court awaits the trial of its first test case into LIBOR manipulation. All eyes were on Graiseley[1]and Unitech[2] in November 2013 when they were granted permission by the Court of Appeal to amend their pleadings against Barclays and Deutsche Bank respectively to…
Promontory and Mazars, the “skilled persons” appointed by the FCA to investigate the activities of RBS’s Global Restructuring Group (“GRG”), have completed their draft report into whether RBS mistreated small and medium-sized companies (“SMEs”). The FCA said initially that it would publish the results in late 2014, but it has moved the deadline several times,…