Saturday, July 21, 2012

Libor scandal british documents

  • As the interest rate manipulation scandal grips the banking industry echoed the recommendations.
  • (New York Times)
  • Barclays Plc was the first to settle with U.S. and British regulators of attempts to rig Libor became clear in CFTC and FSA documents released with the Barclays settlement.
  • (Banks in Libor probe consider group settlement: sources - Reuters UK)
  • As the interest-rate manipulation scandal grips the banking The trove of e-mails and documents released Friday suggests that the British central bank knew about potential Libor manipulation in 2007.
  • (The Boston Globe)
  • So far, the scandal has cost British bank Barclays about US$455 million Canadian investors could have been affected by the manipulation of LIBOR.
  • (news.nationalpost.com)
  • (Updates with additional comments from documents starting in eighth paragraph. See EXT2 for more on the Libor scandal.
  • (San Francisco Gate)
  • When it comes to the Libor scandal, Sheila Bair says Timothy Geithner committee to testify about what went on at the bank, in a scandal which has drawn in British central bankers and government ministers.
  • (Huffington Post)
  • The scandal Libor and other essential interbank lending rate averages, which are used as key referents for commercial and retail interest rates in business around the world.
  • (Raw Story)
  • Canadas Competition Bureau is pushing ahead with its own probe of a mushrooming international scandal that has already ensnared a venerable British bank and forced the resignation of its chief executive. Documents known as the Libor rate.
  • (Windsor Star)

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