(Bloomberg) -- UK authorities fined Macquarie Bank Ltd.'s British unit £13 million ($16.3 million) after a London trader on the firm's metals desk was able to book fictitious trades to conceal their losses for almost two years.
Jonathan Browning is a news reporter whose work has been featured in various publications including BNN Bloomberg, Yahoo Finance, Insurance Journal, and Bloomberg News. With a focus on finance and business, Jonathan covers stories ranging from hedge funds and legal disputes to market trends and international sanctions.