The Labours of LIBOR
2 Jul /13

The Labours of LIBOR

One year ago, on 27 June 2012, Barclays Bank was handed financial penalties totalling GBP 290 million (USD 450 million) for manipulating bank interest rates, a deception which had a prolonged knock-on effect on the cost of mortgage lending and business loans.Continue reading The Labours of LIBOR