Agreement with 43 US states and District of Columbia follows £290m fine four years ago from UK regulators Barclays has reached a $100m (£77m) settlement with more than 40 US states for fraudulent and anticompetitive conduct in relation to the Libor rigging scandal.The agreement,announced by the novel York attorney general, Eric Schneiderman, or follows the £290m fine imposed on Barclays four years ago from UK regulators and others such as the US Department of Justice – for manipulating the benchmark interest rate. Related: EU bank stress tests: vulnerability of Barclays and RBS under scrutiny Continue reading...
Source: theguardian.com