iOS app Android app

Barclays Libor

Report: The Libor Scandal May Be Heating Up Again

Posted 10.20.2013 | Business

FRANKFURT (Reuters) - Deutsche Bank has started talks with some 50 employees as part of its investigation into possible manipulation of the Libor benc...

Barclays Yanked Into Money Laundering Investigation

Reuters | Christine Murray | Posted 06.03.2013 | Business

LONDON (Reuters) - Barclays has been dragged into an international money laundering investigation after U.S. prosecutors discovered that Arthur Budov...

See You In Court, Barclays

Reuters | Posted 12.29.2012 | Business

* Guardian Care Homes says wrongly sold interest rate swaps * Judge rules Libor/mis-selling case must go to trial * Barc...

Major U.S. Regulator On Libor: 'It Is Time For A New Or Revised Benchmark'

Reuters | Posted 11.24.2012 | Business

* U.S. derivatives watchdog says change or drop benchmark * CFTC head urges use of real rates, not estimates for benchmark ...

WATCH: Reich Says Libor Scandal Shows How Easily Banks Can Cheat

Posted 08.22.2012 | Business

The Libor scandal is just another example of why big banks need to be broken up, according to Robert Reich. In an appearance on HuffPost Live Wedn...

Parliamentary Report: Barclays 'Deeply Flawed'

Reuters | Posted 10.18.2012 | Business

* Report slams BoE role in Diamond resignation * Barclays' board had many "failings" * FSA too slow to start formal Libo...

Ex-Barclays Trader Fired For Libor Emails, 'Has Cooperated' With Probe

Reuters | Posted 10.10.2012 | Business

By Matthew Goldstein and Jennifer Ablan NEW YORK, Aug 10 (Reuters) - A former Barclays Plc trader who was fired by the bank for sendi...

Fired Barclays Trader's Activities From As Early As 2006 Draw Scrutiny In Libor Investigation

Reuters | Posted 10.04.2012 | Business

(Repeats story issued Friday, no changes to headline or text) * New York swaps trader was fired over Libor emails * Now ...

'Ginormous' Libor Scandal: Bank Sues 16 Others Over Rate-Rigging

The Huffington Post | Alexander Eichler | Posted 07.30.2012 | Business

The Libor lawsuits keep piling up. Last week, New York-based Berkshire Bank filed a class-action suit against the 16 banks responsible for setting ...

Needed: Eliot Ness, Bank Regulator

Carla Seaquist | Posted 09.23.2012 | Business
Carla Seaquist

Where is Eliot Ness, the incorruptible U.S. Treasury agent who went after Al Capone, when we need him? Had regulators of the Eliot Ness mold been on duty, two major banking scandals still unfolding might never have happened.

How About 'Mr. Victim?'

Brandon L. Garrett | Posted 09.18.2012 | Business
Brandon L. Garrett

Hundreds of trillions of dollars in trades rely on those rates -- so do student loans, mortgages and credit cards. Who is following the money?

Barclays Chairman: Larger Libor Investigation Will Put Our Role 'In Perspective'

Posted 07.16.2012 | Business

Barclays officials wants you to know: They weren't the only bank rigging the Libor rate, thank you very much. Marcus Agius, the chairman of Barcla...

Ex-Barclays Executive: 'This Was Coming From The Bank Of England'

Reuters | Posted 09.15.2012 | Business

* Del Missier says complied with orders on rates * Followed conversation between Diamond and Bank of England * Del Missi...

NY Fed Claims It Took 'Prompt Action' On Libor Four Years Ago

Reuters | Posted 09.10.2012 | Business

July 11 (Reuters) - The Federal Reserve Bank of New York will release on Friday documents showing it took "prompt action" four years ago to highlig...

Scandal-Ridden Measure Unlikely To Be Replaced

Reuters | Posted 09.06.2012 | Business

* Scandals of Libor rigging intensify calls for new rate * Libor is likely to be reformed rather than replaced * Minor t...

Barclays Bankers On Scandal: We Look Like 'Crooks And Fools'

The Huffington Post | Bonnie Kavoussi | Posted 07.06.2012 | Business

Barclays bankers are furious about their scandal too. "It made us look like crooks and fools," a senior Barclays executive told CNBC's NetNet blog ...

Fake Barclays Ad Goes Viral: 'For The Best Fixed Rates'

The Huffington Post | Bonnie Kavoussi | Posted 07.05.2012 | Business

Barclays must be tone-deaf. That was the first impression of many who assumed a fake Barclays ad circling the Internet on Thursday to be real. The ...

Scandal-Plagued Bank Thinks It All Just A Bit 'Ironic'

Reuters | Posted 09.02.2012 | Business

By Steve Slater LONDON, July 3 (Reuters) - Barclays gave its first in-depth account of the interest rate fixing scandal that led to th...

Barclays Scandal Not 'An Isolated Case'

Reuters | Posted 09.01.2012 | Business

LONDON, July 2 (Reuters) - Barclays was not an isolated case in the authorities' probe of banks rigging a key interbank interest rate, Britain's Fin...