Video: Barclay's Leaderless As Fallout Continues - 04.07.2012 - Dukascopy Press Review part of Royal Bank of Scotland condoned Libor manipulation

Video Related To: Royal Bank of Scotland condoned Libor manipulation

Source: Denver Post
Singapore : Singapore | almost 2 years ago
In an instant-message conversation in late 2007, Jezri Mohideen, then the bank's head of yen products in Singapore, instructed colleagues in the U.K. to lower RBS's submission to...
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Barclay's Leaderless As Fallout Continues - 04.07.2012 - Dukascopy Press Review

Former CEO of Barclay's Bob Diamond, has suggested that the Bank of England both knew and condoned the banks repeated "lowballing" of its submissions to Libor during the financial crisis -- a scandal which has seen the bank fined a record 290 million pounds. Natalie MacDonald discusses this new development in the Libor-rigging scandal, which comes just one day before the Bank of England is set to announce it's rate decision.
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