Royal Bank of Canada

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  Freddie Mac Sues Big Banks Over LIBOR

  By John Sullivan, AdvisorOne  |  March 20, 2013

  Government-owned Freddie Mac accuses the banks, including Bank of America, of acting collectively to hold down the U.S. dollar LIBOR.

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  LIBOR Case Subpoenas Expand to 16 Banks

  By Marlene Y. Satter, AdvisorOne  |  October 26, 2012

  Now the list of subpoenaed banks has expanded to a total of 16, including Société Générale and Royal Bank of Canada (RBC), and more attorneys general are coming in on the investigation.

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  Six Banks Set LIBOR

  By Marlene Y. Satter, AdvisorOne  |  October 8, 2012

  In the wake of the scandal that revealed LIBOR under manipulation by banks all over the world, the benchmark lending rate is suffering a credibility gap even as a smaller core group of banks contributes to setting the rate.

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  New Hire Roundup: FINRA Names New Corporate Communications Head

  By Marlene Y. Satter, AdvisorOne  |  September 12, 2012

  This week in new hires, FINRA announced that Greg Ahern will be its new head of corporate communications, and Neuberger & Berman welcomed Brendan Gill.

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  Clearing's New Space

  By Jane Wollman Rusoff  |  August 23, 2012

  In these challenging times—lethargic economy, record-low interest rates, high market volatility, softer trading volumes and a regulatory overhaul—the top firm in the clearing space has decided to totally transform its business model.

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  Top Portfolio Products: New Dividend Income Fund From RiverNorth

  By Marlene Y. Satter, AdvisorOne  |  August 10, 2012

  New products introduced over the last week include a dividend income fund from RiverNorth and retail access to an equity hedge ETF from AdvisorShares.

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  New York Regulator Threatens to Suspend Standard Chartered Over Iran Dealings

  By Marlene Y. Satter, AdvisorOne  |  August 7, 2012

  The New York Department of Financial Services has warned the British bank Standard Chartered that it could be suspended from doing business in the state over charges that it violated money-laundering laws in dealings with institutions in Iran that are subject to U.S. economic sanctions.

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  BoE Governor Pushed for Barclays Chief’s Ouster

  By Marlene Y. Satter, AdvisorOne  |  July 17, 2012

  The British Parliament got an earful over the last couple of days as testimony continued in the LIBOR-fixing scandal.

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  Morgan Deemed ‘Winner’ in Moody’s Bank-Rating Massacre

  By Marlene Y. Satter, AdvisorOne, Joyce Hanson, AdvisorOne  |  June 22, 2012

  Fifteen banks in the U.S., U.K. and Europe with global capital markets operations saw their ratings cut by Moody’s, some by as many as three notches.

• Deutsche Bank Selling Chunk of Asset Management Business

  By Marlene Y. Satter, AdvisorOne  |  December 16, 2011

  The decision to sell was made in the wake of a strategic review of the business that was spurred by changing conditions within the industry that included regulatory reforms.