Friday 26 December 2014
 
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Scandal

China seizes $14.5bn assets from kin of ex-security chief

Chinese authorities have seized assets worth at least 90 billion yuan ($14.5 billion) from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China's biggest corruption scandal in more than

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Hit by scam, Turkish PM names new ministers

Turkish Prime Minister Tayyip Erdogan reshuffled his cabinet on Wednesday after three members quit over a corruption scandal that has posed an unprecedented challenge to his 11-year rule. The crisis erupted on December 17 when doz

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RBS fined $615 million for rate rigging

  Britain's Royal Bank of Scotland will pay US and British authorities $615 million and plead guilty to wire fraud in Japan to settle allegations it manipulated global benchmark interest rates.

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RBS facing fines over interest rate scam

Royal Bank of Scotland (RBS) is facing the increasing likelihood of having to settle separately with UK and US authorities investigating its involvement in the global interest rate-setting scandal, the Sunday Telegraph said. The B

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Top US commander in Afghanistan under probe

  The top US commander in Afghanistan, General John Allen, is under investigation for allegedly inappropriate communication with a woman at the centre of the scandal involving former CIA Director David Petraeus, a senior US defen

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Barclays hit by fresh US investigations

Barclays, already rocked by an interest rate rigging scandal, unveiled new US regulatory investigations into the bank's financial probity on Wednesday and said its profit was hit by charges for mis-selling insurance. Its share

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Barclays chief quits over rate-fixing scandal

Barclays chairman Marcus Agius quit on Monday, saying "the buck stops with me" after an interest rate rigging scandal that has dealt "a devastating blow" to the bank's reputation. Agius, chairman of Britain's third biggest bank for 5-1/2 y

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James Murdoch quits Sotheby's

News Corp executive James Murdoch, under pressure over his role in Britain's tabloid phone hacking scandal, is stepping down from the board of Sotheby's, the auction house has said. In a filing to the US Securities and Exchange Com

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News Corp to launch 'Sun on Sunday'

News International, the British newspaper arm of Rupert Murdoch's News Corp group, has announced that it would publish a Sunday edition of Britain's scandal-hit Sun tabloid for the first time next weekend. In an internal memo to al

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News Corp to launch 'Sun on Sunday'

News International, the British newspaper arm of Rupert Murdoch's News Corp group, has announced that it would publish a Sunday edition of Britain's scandal-hit Sun tabloid for the first time next weekend. In an internal memo to al

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