The interest rate that Libor sets is a piece of fiction written by participating banks to suit their purpose, writes Ajit Balakrishnan Last week, I was in New York City and sylvan nearby towns such......
Barclays' former CEO Bob Diamond, who stepped down last week amid the interest rate rigging scandal, will forgo deferred bonuses worth 20 million pounds (about Rs 171 crore), the British lawmakers......
Moody's on Thursday lowered the credit rating outlook of Barclays to negative from stable amid uncertainty following the resignations of its top three executives over the inter-bank interest rate......
Barclays has agreed to pay 290 million pounds ($451 million) worth penalties to the US and the UK authorities towards settling charges of attempting to manipulating Libor and Euribor rates, the......