Tag Archives: Serious Fraud Office To Investigate Barclays Libor Fixing

Serious Fraud Office To Investigate Barclays Libor Fixing – 7 July 2012

A criminal investigation has been launched into alleged rigging of the Libor rate within the banking industry, the Serious Fraud Office (SFO) confirmed today.

SFO director David Green QC formally accepted the Libor issue for investigation after Barclays was fined by the Financial Services Authority (FSA) last week for manipulating the key interbank lending rate which affects mortgages and loans. Continue reading

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