Tag: rigging
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...
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...
‘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...
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...