The Traderszone Network

Back in 2012, when the first massive marketwide-rigging scandal made the front pages, that of Libor (one which Zero Hedge discussed first in January 2009 with “This Makes No Sense: LIBOR By Bank“ and for which we won early points in the “you are a fringe tinfoil blog” category until proven correct as usual) the prosecution’s case was handed on a silver platter by one bank which hoped it would squeeze through the prosecutorial cracks by ratting out all of its heretofore complicit part

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Shares in Australia, Hong Kong and Japan gain modestly, on the heels of a record close of the S&P 500 index in the U.S.

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Asian shares edged down slightly but were still on track for a solid weekly rise, as investors awaited more U.S. data later in the session for clues on the timing of the U.S. Federal Reserve’s interest rate hike. MSCI’s broadest index of Asia-Pacific shares outside Japan was slightly lower, but still poised to gain about 0.6 percent for the week. Japan’s Nikkei stock index added 0.5 percent, set for a 1.5 percent weekly rise.

NEW YORK/WASHINGTON (Reuters) – Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of foreign exchange rates, causing a delay in multibillion-dollar settlements, people familiar with the matter said.

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Macquarie Group Ltd , Australia’s top investment bank, said it jointly bought the country’s largest owner of mobile telephone towers from a business owned by U.S. wireless infrastructure giant Crown Castle …