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
    U.K. bank Barclays will pay $453 million to U.S. and British authorities to settle allegations that it manipulated key interbank lending rates known as Libor, ramping up pressure on other banks to cooperate in a probe that could cost the financial industry ...
    02/13/2017 - 5:04 pm | View Link
  • Barclays Agrees to Settle Libor-Rigging Inquiry for $100 Million
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  • 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
  • Rotten to the Core: Barclays Paying $453 Million to Settle Libor Probe
    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.
    06/27/2012 - 1:00 pm | View Link
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