The US Senate Permanent Committee on Investigations has released a 335 page report which states that HSBC has been used by Mexican drug cartels looking to get cash back into the US by Saudi Arabian banks that needed access to dollars despite their terrorist ties and by Iranians who wanted to circumv

Justin O'Brien, professor and director of the Centre for Law, Markets & Regulation at the University of New South Wales, speaks with Bloomberg about the Libor-rate fixing scandal and Bank of England Deputy Governor Paul Tucker’s account of his involvement.

British and US regulators fined Barclays $450 million for submitting false returns to the London Inter-Bank Offered Rate. It is clear that the bank did not act alone, the other banks in the circle that decides on the LIBOR are now under the microscope.

Professor Stuart Green, of Rutgers Law School discusses a recent empirical survey he has undertaken of US moral attitudes to white collar crime and insider trading and appropriate ways to frame regulation in this light of these attitudes.