Diamond to face MPs as memo reveals BoE advice on LIBOR

clock

Barclays' submission of a memo to the Treasury Select Committee has revealed how Bank of England officials advised the bank on LIBOR.

The memo says CEO Bob Diamond had a conversation with BoE deputy governor Paul Tucker who questioned why Barclays was towards the high end of LIBOR pricing. Diamond took notes on the phone call ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Railpen secures planning consent for Hertfordshire development

Railpen secures planning consent for Hertfordshire development

Scheme secures consent for the development of 120,000 sq. ft facility in South Mimms

Martin Richmond
clock 22 August 2024 • 2 min read
PP Investment Awards 2024: Shortlists revealed!

PP Investment Awards 2024: Shortlists revealed!

The awards celebrate excellence among asset managers

Professional Pensions
clock 22 August 2024 • 6 min read
Why schemes should embrace the opportunity in UK equities

Why schemes should embrace the opportunity in UK equities

Andrew Raikes sets out why asset allocators should be increasing UK equity weightings

Andrew Raikes
clock 19 August 2024 • 4 min read
Trustpilot