Monday, July 16, 2012

Marcus agius libor scandal

  • 12.40 And thats it. Agius interrogaion is over. 12.33 Agius: Customer satisfaction rates in our retail bank are top of the class, the highest they have ever been.
  • (Daily Telegraph)
  • Marcus Agius, the chairman of Barclays investigation by various authorities over Libor. The Justice Department is also building criminal investigations against big banks over the rate-rigging scandal, The New York TImes reports.
  • (Huffington Post)
  • (RTTNews.com) - Confirming media speculation, Barclays Plc (BCS, BARC.L) on Monday announced the resignation of its chairman Marcus Agius. The lender was fined 290 million pounds last week for attempting to manipulate the inter-bank lending rate.
  • (Update - NASDAQ)
  • Barclays chairman Marcus Agius this weekend revealed his shock at the scale of public anger over the Libor-rigging scandal and pledged the bank would take action to regain trust and clean up its act.
  • (This is Money)
  • 12.50pm: And with that well close the blog. Thanks for all your comments. 12.
  • (as it happened - The Guardian)
  • The memo, written by outgoing Executive Chairman Marcus Agius, added that customers quoting a government official. Following the Libor rigging scandal, British bank Barclays was fined £290 million ($450 million) by the UK and US regulators.
  • (International Business Times)
  • Barclays Chairman Marcus Agius resigned from his post after a LIBOR rigging scandal resulted in a fine of 290 million pounds ($455 million).
  • (advisorone.com)
  • Marcus Agius, chairman of beleaguered Barclays Bank Diamond, who was forced to resign in the wake of the Libor manipulation scandal, told MPs that he had only learnt of rate-fixing allegations against Barclays staff in June.
  • (ibtimes.co.uk)
  • Marcus Agius, chairman of Barclays Plc (BARC), was called "out of touch" by members of the U.K. Parliament's Treasury Committee after saying the bank had been surprised by the public outcry over the rate-fixing scandal.
  • (Businessweek)

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