Barclays Reportedly Manipulated Libor Since 2005 – ValueWalk Premium

Barclays Reportedly Manipulated Libor Since 2005

U.S. and British regulators investigating an alleged fixing of the London Interbank Offer Rate (LIBOR) tasted first blood today when British bank Barclays PLC (NYSE:BCS) (LON:BARC) agreed to pay at least $450 million to settle charges emanating from the probe, according to a report by Alexandra Alper and Kirstin Ridley of Reuters.

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