United States

A federal jury considering whether to convict Sheldon Silver, one of New York's most powerful politicians for two decades, is scheduled to hear closing arguments in his public Corruption trial on Monday.

Two former Rabobank traders were found guilty of fraud on Thursday in the first U.S. trial arising from a global investigation into whether banks sought to manipulate the interest rate known as Libor.

The U.S. request to extradite London-based trader Navinder Sarao, accused of helping to spark the 2010 Wall Street "flash crash", is "false and misleading" because it misrepresented the way markets work, his lawyer said on Thursday.Sarao is wanted by U.S. authorities after being charged with 22 criminal counts including wire fraud, commodities fraud, commodity price manipulation and attempted price manipulation.

Suspended European soccer chief Michel Platini may be able to run for president of fifa if he wins an appeal against his 90-day ban, the world governing body said on Tuesday.Outgoing fifa president Sepp Blatter and Platini were both suspended earlier this month, plunging fifa into even deeper turmoil as authorities in the United States and Switzerland pursue Corruption investigations in which 14 people have so far been indicted.

Two former Rabobank [RABO.UL] traders from Britain are set to become the first defendants to face trial in the United States on charges stemming from a global investigation into whether various banks sought to manipulate the interest rate known as Libor.

A senior player in HSBC's push to improve the way it polices transactions for criminal activity left the British bank late last month, creating a possible gap in leadership as it seeks to satisfy compliance demands from U.S. regulators and the U.S. Department of Justice.

Volkswagen AG's (VOWG_p.DE) U.S. chief executive blamed "individuals" for using software to cheat on diesel emissions at a House hearing on Thursday as lawmakers attacked federal environmental regulators for failing to catch the fraud for years.

World soccer chief Sepp Blatter and European boss Michel Platini were suspended on Thursday, engulfed by a deepening Corruption scandal as their sport faces criminal investigations in Switzerland and the United States.

The London-based trader accused by U.S. authorities of market manipulation that helped cause the 2010 Wall Street "flash crash" is due to appear in court On Friday to fight extradition to the United States to face trial.Navinder Sarao, arrested by British police on a U.S. warrant in April, has been indicted by a U.S. federal grand jury on 22 criminal counts including wire fraud, commodities fraud, commodity price manipulation and attempted price manipulation.

World football body fifa put Jerome Valcke, its second-ranking official, on leave on Thursday just hours after an ex-footballer raised allegations he was involved in a plan to resell 2014 World CUP tickets for a lucrative profit.