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......
Shriti Vadera, Indian-origin economist who worked closely with former Prime Minister Gordon Brown, has come under focus in the latest scandal that has hit British banks, forcing the top leadership......
Barclays Plcon Tuesdaysaid its chief executive officer Bob Diamond has resigned with immediate effect after increasing pressure to step down following global interest rate manipulation scandal.The......
A round-up of Saturday's Euro 2020 qualification matches. IMAGE: Italy's players celebrate after beating Greece and qualifying for Euro 2020 at the Stadio Olimpico, in Rome, on Saturday.......