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macy macon

Record Fine of USD452 Million Imposed on Barclays (BCS) - 0 views

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    "A total fine of $452 million was levied on British bank Barclays PLC on Wednesday by US the and UK regulators for "misconduct" related to Libor and Euribor, which are benchmark rates that refer to the amount that banks levy for lending to each other. "
macy macon

Barclays (BCS) Chairman Quit Monday over Libor, Diamond Clings on - 0 views

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    "Barclays Plc Chairman Marcus Agius resigned on Monday in connection with the interest rate rigging scandal that devastated the bank's reputation. Chief Executive Bob Diamond is still holding on to his job but he is under intense pressure to resign as well. "
macy macon

Bob Diamond Quits Barclays (BCS) over Interest Rate-Rigging Scandal - 0 views

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    "Following in the footsteps of the chairman of Barclays, Marcus Agius who resigned Monday over the interest rate-rigging scandal, chief executive Bob Diamond also quit Tuesday. He was under great political pressure to resign. "
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