Tag: libor
Lloyds becomes latest British bank to be implicated in Libor rigging...
By Martin Kelly A second British bank has been implicated in the Libor rate rigging scandal after explosive documents were released by US authorities...
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...
BoE Tucker demands appearance at ‘bank scandal’ hearing as Osborne claims...
By G.A.Ponsonby Bank of England deputy Paul Tucker has made a request to attend the hearing in front of the Treasury Select Committee as...
‘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...
Diamond resigns as leaked document turns spotlight on Brown and Darling
By a Newsnet reporter The Labour party is facing claims that it sanctioned the manipulation of LIBOR rates in 2008 after leaked documents...
SNP welcomes banking inquiry as records show LIBOR warnings ignored in...
By Martin Kelly The SNP has offered a cautious welcome to the announcement of a joint parliamentary inquiry into standards in banking by Chancellor...
Will the LIBOR banking scandal catch up with Brown and Darling?
By Martin Kelly Rigging interest rates and miss-selling financial products that led to hikes in mortgages, increased loan repayments and businesses closing down...
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...