Barclays must face US class action over Libor
Barclays Plc shareholders who accused the British bank in a lawsuit of inflating its stock price by manipulating the interest rate known as Libor may pursue their case as a class action, a U.S. judge ruled on Thursday.
Aug 21, 2015, 15:43 PM ISTForex rigging settlements now seen next week
Five major banks are expected to settle with US and British authorities next week for their role in rigging the foreign exchange market, a source told AFP Tuesday.
May 12, 2015, 23:41 PM ISTBarclays bank warns forex charge could top £2 billion
Scandal-hit bank Barclays warned Wednesday that fines over its alleged role in foreign exchange market rigging could top £2.0 billion ($3.1 billion, 2.8 billion euros), after posting plunging first-quarter net profits.
Apr 29, 2015, 17:49 PM ISTFive major global banks fined $3.4 bn for forex rigging
The banks failed to stop their traders from trying to manipulate forex markets.
Nov 12, 2014, 12:54 PM IST