A focus on the large settlement payments in class actions misses a more important question: what proportion of shareholders’ actual losses is being compensated, asks Michael Legg.
The review of the London Internbank Offered Rate represents a wasted opportunity, as the proposed rules and regulations lack originality and ambition, writes Justin O'Brien.
The allegations that another London-based bank has systematically evaded sanctions imposed on Iran are anything but standard, making the terms of settlement difficult to foresee, writes Justin O'Brien.
The travails facing JPMorgan have proved an exceptionally useful pulpit to promote Elliot Spitzer’s blend of moral outrage, personal interest and structural reform, writes Justin O'Brien.
