Last week, Barclays was fined £290m for trying to manipulate LIBOR in a bid to make itself appear more secure during the financial crisis.
In response to the LIBOR manipulation fine, Barclays said the actions “fell well short of standards”. Chief executive Bob Diamond said he would give up his bonus and, on Monday morning, Barclays ch...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
