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EU bans 700 generic drugs for manipulation of trials by GVK

Last Updated: Saturday, July 25, 2015, 14:26

The European Union has banned the marketing of around 700 generic medicines for alleged manipulation of clinical trials conducted by India's pharmaceutical research company GVK Biosciences.

RBS sets aside further $1.3 billion for misconduct charges

Last Updated: Thursday, April 30, 2015, 13:14

The improved performance was clouded by a number of one-off charges, resulting in RBS posting an attributable loss of 446 million, compared with a 1.2 billion pound profit a year ago.

Deutsche likely to pay more than $2 billion over Libor-rigging: Source

Last Updated: Thursday, April 23, 2015, 09:30

Deutsche Bank AG is likely to pay more than $2 billion to U.S. and U.K. authorities over the manipulation of a key interest rate benchmark, more than any other bank has been penalized over the rate rigging, a person familiar with the matter said.

Sebi revokes ban on 217 entities in Pyramid Saimira case

Last Updated: Tuesday, March 31, 2015, 22:54

After more than five years, Sebi on Tuesday lifted the ban imposed on 217 entities with regard to alleged manipulation in the trading of shares of Pyramid Saimira Theatres.

US seeks billions from global banks in currency investigation

Last Updated: Saturday, March 14, 2015, 09:36

The US Justice Department is seeking about $1 billion each from global banks being investigated for manipulation of currency markets, Bloomberg reported on Friday, citing people familiar with the talks.

HSBC posts Q3 profit of $5.1 bn, confirms forex probe

Last Updated: Monday, November 4, 2013, 17:31

HSBC reported a 10 percent rise in third quarter profits on Monday, helped by tighter cost control and fewer losses from bad loans, and confirmed it was being investigated as part of a global probe into currency market trading manipulation.

HSBC says part of worldwide foreign exchange probe

Last Updated: Monday, November 4, 2013, 14:45

Banking giant HSBC said on Monday that it was being investigated along with other banks as part of a worldwide probe into the possible manipulation of foreign exchange trading.

Fannie Mae sues 9 giant banks over Libor losses

Last Updated: Friday, November 1, 2013, 11:54

Fannie Mae Thursday sued nine giant banks plus the British Bankers Association over some USD 800 million in losses due to alleged rate-rigging manipulation in the latest fallout from the Libor scandal.

Sebi disposes of case against Mavi in GDR issue manipulation

Last Updated: Thursday, September 26, 2013, 15:13

Market watchdog Sebi has disposed of the case against Mavi Investment Fund in which the FII was accused of market manipulation using GDR issues by Cat Technologies and Maars Software International.

SEBI probes 155 stock manipulation cases in FY'13

Last Updated: Thursday, September 12, 2013, 18:42

Market regulator SEBI initiated investigations into 155 cases related to stock market manipulations last fiscal, logging the highest number of probes started in a single year after 2005-06.

Altruism may have origins in manipulation

Last Updated: Tuesday, August 20, 2013, 15:46

Manipulation might be responsible for the evolutionary origins of some helpful or altruistic behaviour, a new study has revealed.

Google may face 'tsunami of litigation' charges

Last Updated: Wednesday, September 5, 2012, 14:39

The EU and Google are at loggerheads over competition regulations compliance.