By Carrick Mollenkamp and Emily Flitter | Reuters New details from court documents and sources close to the Libor scandal investigation suggest that groups of traders working at three major European banks were heavily involved in rigging global benchmark interest rates. Some of those traders, including one who used to […]
Tag: Barclays
Two U.S. states probing banks over Libor manipulation
By Karen Freifeld WASHINGTON (Reuters) – New York Attorney General Eric Schneiderman has launched a probe into possible manipulation of the Libor benchmark international lending rates by global banks, his spokesman said on Sunday. Schneiderman joined Connecticut’s Attorney General George Jepsen to start the investigation six months ago into the […]
Barclays’ Diamond accused of misleading inquiry
By Alessandra Prentice and Matt Scuffham British lawmakers on Tuesday accused Barclays former chief executive Bob Diamond of misleading a parliamentary inquiry into an interest rate-fixing scandal that has forced him to resign and give up bonuses worth up to 20 million pounds ($30 million). Diamond hit back, calling the […]
