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Barclays Libor Scandal

Report: Scandal-Plagued Libor Likely To Be Replaced

Reuters | Posted 05.13.2013 | Business

(Reuters) - A dual-track system, including survey-based lending rates along with transaction-linked indices, is likely to replace scandal-hit London i...

Damning Report Blasts Bank's Toxic Culture

Reuters | Posted 06.03.2013 | Business

* Investment bank leaders ambiguous about right and wrong-report * Did not want to hear bad news * Bank put profit befo...

Regulators Didn't Even Know What Libor Was

The Huffington Post | Eleazar David Melendez | Posted 03.05.2013 | Business

Banking regulators in the United Kingdom did not fully understand how the global interest rate-setting system worked back in 2008, even as they were b...

New Investigation, More Lawsuits, $6.3 Billion Profit

Reuters | Posted 09.25.2012 | Business

* FSA investigating fee disclosures in 2008 capital raisings * More U.S. litigation starts over Libor scandal * Barclays...

U.S. Building Criminal LIBOR Investigation

Reuters | Posted 09.13.2012 | Business

WASHINGTON, July 14 (Reuters) - The U.S. Justice Department is building criminal cases against several financial institutions and their employees re...

'This Could Get Ugly In A Hurry'

The Huffington Post | Mark Gongloff | Posted 07.11.2012 | Business

The news on Wednesday that cities and states are suing some of the world's largest banks over Libor manipulation shows how this scandal could blow up ...

Barclays Ex-CEO Says Perjury Claims Are 'Totally Unfair And Unfounded'

AP | ROBERT BARR | Posted 09.10.2012 | Business

LONDON — The Barclays executive identified as the person responsible for ordering false reports of borrowing costs in 2008 will be called in fro...

D.M. Levine

Guess Who Just Got Snagged In The Libor Scandal?

HuffingtonPost.com | D.M. Levine | Posted 07.10.2012 | Business

As president of the New York Federal Reserve before and during the financial crisis, Treasury Secretary Timothy Geithner met repeatedly with Barclays ...

Bank of England Official Denies Pressuring Barclays

AP | ROBERT BARR | Posted 09.08.2012 | Business

LONDON — A senior Bank of England official denied Monday that he had given any hint to Barclays that it should manipulate reports of its borrowi...

The One Possible Bank Defense In The Libor Scandal, And Why It's Bogus

Mark Gongloff | Posted 09.08.2012 | Business
Mark Gongloff

Here's a free PR campaign idea for the banking sector: Big banks helped the economy, maybe saved your job, with some of their blatant Libor-market che...

Barclays Scandal Shows 'These Banks Are Nearly Impossible To Manage'

Reuters | Posted 09.04.2012 | Business

(Refiles to correct date to July 6) By Steve Slater LONDON, July 6 (Reuters) - Barclays investment banking boss Rich Ri...

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 ...

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...