Barclays Paying $453 Million To Settle Libor Probe

WASHINGTON/LONDON (Reuters) - U.K. bank Barclays will pay $453 million to U.S. and British authorities to settle allegations that it manipulated key interest rates, increasing pressure on other banks to cooperate in a probe that could cost the financial industry billions of dollars.

Topics:  washington/london reuters     u.k   barclays   u.s    british   million   settle   probe   
BING NEWS:
  • Barclays paying $453 million to settle Libor probe
    The settlement raises fresh questions about the reliability of the London interbank offered rate, or Libor, which underpins some $360 trillion ... The CFTC ordered the bank to pay a $200 million penalty, the largest civil monetary penalty it has ever ...
    06/28/2012 - 4:49 am | View Link
  • Barclays paying $453 million to settle Libor probe
    WASHINGTON/LONDON (Reuters) - U.K. bank Barclays will pay $453 million to U.S. and British authorities to settle allegations that it manipulated ... of the London interbank offered rate, or Libor, which underpins some $360 trillion of loans and financial ...
    06/28/2012 - 12:35 am | View Link
  • Barclays Paying $451 Million in LIBOR-Fixing Case, Who’s Next?
    In the first major action by financial regulators in the U.S. and the U.K. against the various banks they were investigating over the alleged fixing of LIBOR, Barclays (NYSE:BCS) is paying $451 million to settle the case over its involvement in ...
    06/27/2012 - 1:00 pm | View Link
  • Barclays paying US$453m to settle Libor probe
    WASHINGTON/LONDON: UK bank Barclays will pay US$453 million to US and British authorities to settle allegations that it manipulated ... the reliability of the London interbank offered rate, or Libor, which underpins some US$360 trillion of loans and ...
    06/27/2012 - 1:00 pm | View Link
  • Barclays paying $453 mln to settle Libor probe
    WASHINGTON/LONDON (Reuters) - U.K. bank Barclays will pay $453 million to U.S. and British authorities to settle allegations that it manipulated ... of the London interbank offered r ate, or Libor, w hich underpins some $360 trillion of loans and financial ...
    06/27/2012 - 12:06 pm | View Link
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BING SEARCH:
  • Barclays
    Barclays is a British multinational banking and financial services company headquartered in London. It is a universal bank with operations in retail, wholesale and ...
    12/18/2014 - 10:26 am | View Website
  • Barclays | Newsroom
    Barclays uses cookies on this website. They help us to know a little bit about you and how you use our website, which improves the browsing experience and marketing ...
    12/18/2014 - 4:21 am | View Website
  • BBC News
    Barclays disclosed the two schemes to the tax authorities under rules which have been in place since 2004. Anyone, such as a bank, accountant, lawyer or ...
    12/17/2014 - 6:24 am | View Website
  • CFTC Orders Barclays to pay $200 Million Penalty for ...
    June 27, 2012. CFTC Orders Barclays to pay $200 Million Penalty for Attempted Manipulation of and False Reporting concerning LIBOR and Euribor Benchmark Interest Rates
    12/16/2014 - 5:42 am | View Website
  • Lloyds Pays $370 Million to Settle Rate Probe
    Markets Lloyds Pays $370 Million to Settle Rate Probe U.K. Bank Says Its Traders Rigged a Benchmark Interest Rate to Avoid Paying Higher Fees
    12/11/2014 - 7:53 pm | View Website
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