Showing posts with label Barclays. Show all posts
Showing posts with label Barclays. Show all posts

Thursday, June 28, 2012

Barclays paying $453 mln to settle Libor probe


(Reuters) - U.K. bank Barclays (BARC.L) 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.
A woman walks past a line of Barclays cash dispensers in central London, June 27 2012. REUTERS/Andrew Winning
The settlement raises fresh questions about