Barclays reckons other banks were also meddling with LIBOR. From the BBC:
Senior managers at Barclays have warned staff in an internal memo that the Libor scandal will envelop other banks. The memo circulated on Friday said that revelations about its rivals would "put in perspective" Barclays' culpability.
Will other Bank CEOs follow the lead of Bob Diamond and resign? If Bob had to go, then so must others.
Senior managers at Barclays have warned staff in an internal memo that the Libor scandal will envelop other banks. The memo circulated on Friday said that revelations about its rivals would "put in perspective" Barclays' culpability.
Will other Bank CEOs follow the lead of Bob Diamond and resign? If Bob had to go, then so must others.
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UK,
UK banking
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