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 IST
Forex 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 IST
Barclays 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 IST
Five 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
