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Tag Archives: Libor

10Apr/17

Bank of England says won’t publish Libor details until fraud probe over

April 10, 2017FinanceBanking, Barclays, Bob Diamond, British brands, Business/Finance, Company: Barclays, Country: United Kingdom, Finance, financial services, Interest rates, John McDonnell, Libor, Libor scandal, London, Money, Paul Tucker, Swaps, Systemic risk, THE BANK OF ENGLAND, United Kingdom, United States housing bubblesmbale

The BBC releases a recording of an October 2008 phone call between two bankers at Barclays in which one said he was under “serious pressure” from the Bank of England to set an artificially low rate for Libor, an inter-bank borrowing rate.

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26May/15

Alleged Libor ringleader goes on trial in London

May 26, 2015LegalAsperger, bank, Banking, Citigroup, CITIGROUP INC., Economics, Economy of New York City, Finance, financial services, Interest rates, Investment, Law/Crime, Libor, Libor scandal, London, Money, Mukul Chawla, Primary dealers, Southwark Crown Court in London, Subprime mortgage crisis, Tom Hayes, trader, UBS, United Kingdom, United States, United States housing bubble, USDsmbale

Former trader Tom Hayes, on trial for allegedly conspiring to rig benchmark interest rates, has admitted to being motivated by greed and was fired by U.S. bank Citigroup in 2010, prosecutors tell a London court.

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