European Commission Fines Ei...

December 06, 2013

Eight banks, including UK-based RBS, have been fined for taking part in illegal cartel action to fix interest rates. The banks fixed rates for financial derivatives, causing an increase in pricing for...

Price Comparison Websites Co...

November 27, 2013

Websites that allow consumers to compare prices for insurance policies and other common services could be investigated by the Financial Conduct Agency. The FCA claims that it will review 14 price comp...

Fraudsters Target Investors...

November 13, 2013

Thousands of people throughout the UK are believed to have been defrauded by a phone-based fraud operation selling fake gold certificates. Victims of the scheme were taken in over the phone with promi...

Bitcoin Fraud: Hackers Steal...

November 12, 2013

As online crypto-currency Bitcoin becomes more popular, downsides to the largely anonymous financial unit are appearing. An Australian man who owned over 4,100 Bitcoins (with a value of approximately...