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Former Barclays chairman Marcus Agius faced the Parliamentary Treasury Select Committee on the LIBOR scandal in London in July. Photo by Jason Alden/Bloomberg via Getty Images. One of the biggest ...
In late 2011, Royal Bank of Scotland sacked four people for their alleged roles in the Libor-fixing scandal. 2012 On 27 June, Barclays admitted to misconduct.
The tricky thing about this scandal is that the impact was subtle, indirect and possibly very widespread. All of that makes specific damages hard to pin down, but here are some general outcomes.
(The New Republic) A number of commentators have wondered why the rigging of LIBOR -- the most widely used interest-rate in the world -- hasn't caused the uproar in this country that it's provoked ...
You might have heard that across the pond major London banks are embroiled in something called the LIBOR scandal. However, you might not be sure what that is, or whether it should matter at all to ...
FIRST, THE GOOD news about the scandal surrounding alleged manipulation of the London Interbank Offered Rate, the benchmark interest rate known as Libor. Though many trillions of dollars in ...
Sometimes fake-news host Jon Stewart is a better source of banking news than his counterparts in broadcast journalism. Since June 27, the Libor rate-fixing scandal has cost Barclays $450 million in ...
Published Aug 04, 2015 at 5:16 PM EDT Updated Apr 11, 2016 at 11:16 PM EDT Aug 04, 2015 at 5:16 PM EDT Updated Apr 11, 2016 at 11:16 PM EDT ...
As Britain awaits a major report by the Parliamentary Commission on Banking Standards, the BBC's Business Production team asks what went wrong with the system and can we ever trust bankers again?
In wake of LIBOR scandal, Barclays names new CEO. August 30, 2012 / 8:00 AM EDT / AP ... Jenkins takes over just as the bank has been hit by more bad news. ...
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