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 of loans and financial contracts. The attempted manipulation, which according to authorities took place from 2005 ...
    06/28/2012 - 4:49 am | 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 $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 to pay $450M-plus to settle LIBOR charges
    Barclays PLC and its subsidiaries have agreed to pay more than $450 million to settle charges that it attempted to manipulate ... is the largest in the agency's history. Barclays is also paying $160 million to the U.S. Justice Department and almost $ ...
    06/27/2012 - 11:51 am | View Link
  • Barclays Libor Charges: Bank To Pay $450 Million To Settle Charges Of Market Manipulation
    Barclays PLC and its subsidiaries have agreed to pay more than $450 million to settle charges that it attempted to manipulate ... is the largest in the agency's history. Barclays is also paying $160 million to the U.S. Justice Department and almost $ ...
    06/27/2012 - 3:44 am | View Link
  • More
BING SEARCH:
  • Barclays to Pay $400 Million Penalty to Settle CFTC ...
    May 20, 2015. Barclays to Pay $400 Million Penalty to Settle CFTC Charges of Attempted Manipulation and False Reporting of Foreign Exchange Benchmark Rates
    08/27/2015 - 3:28 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 ...
    08/27/2015 - 1:48 am | View Website
  • Libor (Barclays Interest Rate Manipulation Case)
    News about Libor (Barclays Interest Rate Manipulation Case), including commentary and archival articles published in The New York Times.
    08/26/2015 - 6:31 pm | View Website
  • NYDFS Announces Barclays To Pay $2.4 Billion, Terminate ...
    Benjamin M. Lawsky, Superintendent of Financial Services, today announced that Barclays will pay $2.4 billion and is terminating eight additional Bank employees who ...
    08/24/2015 - 7:02 pm | 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
    08/24/2015 - 9:58 am | View Website
  • More
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