Regulators, Barclays | featured news

Barclays flagged Libor problems to Fed in 2007

Libor

Barclays alerted U.S. regulators as far back as 2007 to concerns that banks were rigging benchmark interest rates, according to documents released on Friday, but policymakers on both sides of the Atlantic did not appear to take decisive action, underscoring the chaos of the financial crisis.

 

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