Canadian Finance News Headlines // May 12th 2016

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Google has taken a stand against payday lenders, imposing a blanket ban across its ad systems to shield users from “deceptive or harmful” financial products.

A Swiss town that is billing itself as a hub for the digital currency industry will accept bitcoin for some payments starting this summer, in what proponents call a worldwide first by a government body and a sign that “crypto finance” is growing in legitimacy.

Peter Johnson, a former senior Barclays banker, pleaded guilty in October 2014 to conspiring to manipulate Libor, a leading benchmark for pricing financial transactions worldwide, prosecutors said on Wednesday.

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