Barclays Promises Review Of LIBOR Staff

29 Jun 2012

Barclays CEO Bob Diamond, in a letter to Andrew Tyne, chairman of the Treasury select committee, said he would conduct a rigorous review of staff involved with the London interbank offered rate, and take appropriate action, including clawing back bonuses and fines, if warranted, after the bank was fined for alleged manipulation of LIBOR.

Barclays CEO Bob Diamond, in a letter to Andrew Tyne, chairman of the Treasury select committee, said he would conduct a rigorous review of staff involved with the London interbank offered rate, and take appropriate action, including clawing back bonuses and fines, if warranted, after the bank was ...

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