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Tag: barclays

More woes for British banking as Barclays faces fraud probe

By Martin Kelly  British bank Barclays is facing the possibility of a fraud investigation resulting from its 2008 bailout which was funded by Middle...

Barclays rate rigging scandal to be investigated by Serious Fraud Office

By Andrew Barr  An investigation into the rigging of inter-bank lending rates has been launched by the Serious Fraud Office (SFO) following the Libor...

Consensus breaks out between Labour and Conservatives over rate rigging inquiry

By Bob Duncan Chancellor of the Exchequer George Osborne has climbed down from claims that shadow chancellor Ed Balls was personally involved in the...

‘Smoking gun’ email suggests Barclays were encouraged to manipulate LIBOR by...

By Martin Kelly  An internal memo released by Barclays Bank indicates that in 2008 senior Whitehall officials were expressing concern at the level of...

Calls for Labour to come clean on LIBOR scandal as RBS...

By G.A.Ponsonby  The Labour party is facing calls to clarify what its senior Ministers knew of the LIBOS rate rigging scandal, which occurred when...

Failure to regulate banking scandal ‘made in Downing Street’, says SNP...

By Andrew Barr  The Westminster government were the “co-authors” of the Barclays banking scandal due to “catastrophic” regulation failures, SNP Westminster Treasury spokesperson Stewart...

More banks involved in rate rigging scandal as calls grow for...

By Martin Kelly Barclay’s Chief Executive Bob Diamond is facing increasing calls to step down as head of the under fire bank as...