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 to Pay $20 Million, Assist Libor Plaintiffs
    Barclays Plc (BARC) agreed to pay $20 million and ... other banks, to settle litigation over manipulation of the benchmark London interbank offered rate. The accord, reached Oct. 8, resolves claims by people and firms that traded in Libor-based Eurodollar ...
    10/8/2014 - 9:00 pm | View Link
  • Barclays paying $453 million to settle Libor probe
    WASHINGTON/LONDON (Reuters) - U.K. bank Barclays will pay $453 million (290.98 million pounds) to U.S. and British authorities to settle allegations that it ... of the London interbank offered rate, or Libor, which underpins some $360 trillion of loans ...
    06/28/2012 - 4:49 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 $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
  • 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 - 11:13 am | View Link
  • More
BING SEARCH:
  • Barclays Bank PLC Admits Misconduct Related to Submissions ...
    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 Million ...
    10/22/2014 - 5:56 pm | View Website
  • BARC.L: Summary for BARCLAYS
    View the basic BARC.L stock chart on Yahoo! Finance. Change the date range, chart type and compare BARCLAYS against other companies.
    10/22/2014 - 7:12 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
    10/22/2014 - 5:03 am | View Website
  • FHFA Announces $280 Million Settlement with Barclays Bank PLC
    Washington, D.C. – The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced a settlement with Barclays Bank PLC ...
    10/21/2014 - 2:22 pm | 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 ...
    10/21/2014 - 11:38 am | View Website
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