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   
ASK NEWS:
  • UK financial watchdog has prioritised most serious Libor cases - Yahoo! Finance
    UPDATE 1-UK financial watchdog has prioritised most serious Libor ... - Reuters
    07/17/2014 - 11:58 am | View Link
  • UK financial watchdog has prioritized most serious Libor ... - Reuters
    UPDATE 1-UK financial watchdog has prioritised most serious ... - Reuters UK
    07/17/2014 - 10:10 am | View Link
  • More
BING NEWS:
  • 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 ...
    06/27/2012 - 1:00 pm | 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 $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 - 12:04 pm | View Link
  • Barclays paying $453 mln to settle Libor probe
    The CFTC ordered the bank to pay a $200 million penalty ... the current review of Libor," the association said. Several banks have suspended traders over the investigations. No criminal charges have been filed. Even if banks settle with regulators ...
    06/27/2012 - 11:58 am | View Link
  • 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 of loans and financial contracts. The attempted manipulation, which according to authorities took place from 2005 ...
    06/27/2012 - 11:13 am | View Link
  • More
BING SEARCH:
  • FSA Final Notice
    We would like to show you a description here but the site won’t allow us.
    07/20/2014 - 3:27 am | View Website
  • 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 ...
    07/19/2014 - 6:23 pm | View Website
  • USDOJ: Barclays Bank PLC Admits Misconduct Related to ...
    Barclays Bank PLC Admits Misconduct Related to Submissions for the London Interbank Offered Rate and the Euro Interbank Offered Rate and Agrees to Pay $160 ...
    07/19/2014 - 12:17 pm | View Website
  • News | Barclays
    Supporting businesses deliver breakthrough innovations The Barclays Accelerator is supporting eleven ...
    07/19/2014 - 9:04 am | View Website
  • USDOJ: Barclays Bank PLC Agrees to Forfeit $298 Million in ...
    Barclays Bank PLC Agrees to Forfeit $298 Million in Connection with Violations of the International Emergency Economic Powers Act and the Trading with the ...
    07/17/2014 - 3:12 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News