Barclays is one of four banks at the centre of a probe led by US and UK regulators into the possible manipulation of the Libor rate between 2006 and 2008.
According to the Financial Times, investigators are trying to determine whether the bank contravened 'Chinese Wall' rules to exploit Libor. Central to the investigation is whether too much information was shared between the bank's treasury arm and its traders. http://www.citywire.co.uk/new-model-adviser/barclays-probed-over-libor-manipulation-claims/a481676
Comments