Libor

Stephen Hester, chief executive of Royal Bank of Scotland(RBS), mounted a strong defence of his bonus package to MPs yesterday, despite mounting criticism of the bank's involvement in the LIBOR scandal under his watch.

ICAP, the world's largest inter-dealer broker, has reportedly become a focus of the UK's rate-rigging investigation being carried out by the FSA.

EFG Asset Management, part of Zurich-based private bank EFG International, is launching a multi-asset OEIC in April as part of its expansion into the UK.

Barclays Bank staff who do not feel they can commit to new a new code of ethics should leave, its new CEO has said.

The SWIP Absolute Return Bond fund received a significant boost in Q4 from exposure to the European periphery, such as Italy and Spain.

Two executives at Royal Bank of Scotland are reportedly under pressure to step down as US and UK regulators are concerned about the culture of the investment banking division at the bank.

The chief executive of UBS' investment bank has admitted the banking industry must change, as bankers have become "too arrogant".

The LIBOR-rigging scandal that engulfed the banks in 2012 further dented their badly tarnished reputation and dealt another blow to public confidence, leaving investors uncertain how to play the sector.

Three men have been arrested in connection with an ongoing investigation into the manipulation of the LIBOR inter-bank lending rate.

Panic about house prices, asset bubbles and China caught our readers' attention this year, with the views of leading hedgies and controversial industry figures featuring in our list of the 20 most read stories of 2012.