From the WSJ: A day after abruptly resigning amid a mushrooming scandal
over interest-rate manipulation, former Barclays PLC chief Robert Diamond on
Wednesday was assailed by British lawmakers for the bank's actions, in a
preview of the scrutiny likely to lie ahead for other big lenders that are
under investigation.
Barclays last week agreed to pay $453 million to settle U.S.
and British authorities' allegations that the British bank tried to manipulate
the London interbank offered rate, or Libor, which is the benchmark for
interest rates on trillions of dollars of loans to individuals and businesses
around the world….
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