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By Scott Hamilton and Svenja O’Donnell, Bloomberg |
November 26, 2012
Bank of Canada Governor Mark Carney was unexpectedly appointed as the next head of the Bank of England, succeeding Mervyn King.
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By Caroline Salas Gage |
August 9, 2012
It was ultimately up to the British to deal with the manipulation of Libor, as only three of the 18 banks that set the London interbank offered rate are based in the U.S.
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By John Detrixhe, Bloomberg |
July 19, 2012
Barclays Plc’s admission that it rigged the London interbank offered rate shows regulators, central bankers and politicians weren’t paying attention when everyone from Citigroup Inc. to the Bank for International Settlements indicated that the measure was being manipulated.
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By Cheyenne Hopkins and Caroline Salas Gage, Bloomberg |
July 13, 2012
Timothy F. Geithner sent Bank of England Governor Mervyn King recommendations in 2008 to revamp the London interbank offered rate
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By Kevin Crowley, Howard Mustoe and Robert Hutton, Bloomberg |
July 10, 2012
Barclays Plc Chief Executive Officer Robert Diamond was accused of misleading U.K. lawmakers after a letter from the Financial Services Authority emerged, contradicting his claim regulators were “happy” with the bank.
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By Howard Mustoe, Bloomberg |
July 2, 2012
Barclays Plc Chairman Marcus Agius resigned after the bank was fined a record $455 million for trying to rig interest rates.
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By Kitty Donaldson and Robert Hutton, Bloomberg |
June 28, 2012
Barclays Plc Chief Executive Officer Robert Diamond was urged by U.K. Prime Minister David Cameron to show accountability after the bank was fined $451 million for attempting to manipulate the inter-bank lending rate, known as Libor.
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By Jon Nadler |
March 1, 2011
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