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3 Jul 2012, 6:00 pm by By BEN PROTESS and MARK SCOTT
Ahead of a British parliamentary hearing, executives said they thought they had implicit approval from regulators to manipulate interest rates. [read post]
3 Jul 2012, 6:00 pm by By BEN PROTESS and MARK SCOTT
Ahead of a British parliamentary hearing, executives said they thought they had implicit approval from regulators to manipulate interest rates. [read post]
3 Jul 2012, 6:00 pm by By BEN PROTESS and MARK SCOTT
Ahead of a British parliamentary hearing, executives said they thought they had implicit approval from regulators to manipulate interest rates. [read post]
3 Jul 2012, 6:00 pm by By BEN PROTESS and MARK SCOTT
Ahead of a British parliamentary hearing, executives said they thought they had implicit approval from regulators to manipulate interest rates. [read post]
3 Jul 2012, 5:54 pm by By PETER EAVIS
In the aftermath of scandal, the next chief of Barclays will have to convince the public, politicians and regulators that the bank is a model corporate citizen. [read post]
3 Jul 2012, 10:17 am by Felix Shipkevich
  Agius, however, will remain at Barclays to head the bank’s executive committee until a new chief executive is appointed. [read post]
3 Jul 2012, 9:14 am by By PETER J. HENNING
For the other banks in the Libor investigation, the Barclays settlement provides a template for the type of cooperation the Justice Department expects, and the range of monetary penalties they may have to pay. [read post]
3 Jul 2012, 12:35 am by By MARK SCOTT
Diamond Jr. resigned on Tuesday less than a week after the British bank agreed to pay $450 million to settle accusations that it had tried to manipulate key interest rates to benefit its own bottom line. [read post]
2 Jul 2012, 1:12 pm by Charon QC
I just had to tweet… “My name is Marcus Agius, Commander of the Barclays, Chairman to a fraudulent bank.. [read post]
2 Jul 2012, 8:16 am by sally
“Prime Minister David Cameron has announced a parliamentary review of the banking sector in the wake of the Barclays inter-bank lending furore.” Full story BBC News, 2nd July 2012 Source: www.bbc.co.uk [read post]
2 Jul 2012, 2:36 am by Nietzer
” The FT editorial concludes by telling banks that if “banker-bashing is to stop, the banks themselves must change. [read post]
2 Jul 2012, 2:29 am by sally
Banks faced fresh criticism about their treatment of customers on Friday after the Financial Services Authority said the big four high street banksBarclays, RBS, Lloyds and HSBC – might need to compensate small business customers.” Full story The Guardian, 29th June 2012 Source: www.guardian.co.uk [read post]
The resignation of Marcus Agius comes as Barclays tries to limit fallout from a broad investigation into how big banks set certain rates that affect borrowing costs for consumers and companies. [read post]
28 Jun 2012, 4:26 am by Charon QC
Curiously – while imprisonment faced the young looters and rioters of last summer – Barclays (and other banks soon to follow) face only a fine. [read post]
27 Jun 2012, 1:46 pm by White Collar Crime Prof Blogger
A DOJ Press Release reports, Barclays Bank PLC Admits Misconduct Related to Submissions for the London Interbank Offered Rate and the Euro Interbank Offered Rate and Agrees to Pay $160 Million Penalty Some highlights of the press release - "Barclays... [read post]
27 Jun 2012, 8:19 am by Felix Shipkevich
According to the order, Barclays also asked other banks to participate in the attempted manipulation. [read post]
27 Jun 2012, 3:00 am by Louis M. Solomon
Barclays Bank PLC, et al., No. 126 (NY 2012), involves the application of state common law principles to an international transaction gone bad. [read post]
19 Jun 2012, 9:12 am by Carolyn Moskowitz
Notably, shareholders of Barclay’s, a major British bank, gave only 73% approval to the CEO’s pay package this year, down from 90% the previous year. [read post]