Barclays defends itself against US allegations over 'dark pool' trading

Barclays is mounting a vigorous defence against allegations that it defrauded its customers – accusations levelled by the US attorney general last month that sparked a fall in its share price and led to customers withdrawing their business.

UBS fires eighteen over Libor-rigging scandal

Eighteen UBS staff were sacked over the Libor-rigging scandal that saw the bank hand over $1.5bn (£940m) to regulators, the second-largest fine ever paid by a bank.