Bob Diamond
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- News
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How the Libor scandal unfolded
- Wednesday February 6, 2013
Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a scandal over rate rigging. Libor rates are based on daily estimates from a group of banks as to how much they would expect to pay to borrow funds from each other...
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www.ndtvprofit.com
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RBS fined $615 million for Libor rigging
- Thursday February 7, 2013
Britain's Royal Bank of Scotland will pay U.S. and British authorities $615 million and plead guilty to wire fraud in Japan to settle allegations it manipulated global benchmark interest rates.
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www.ndtvprofit.com
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Barclays boss forgoes bonus pegged at 2.75 million pounds
- Saturday February 2, 2013
Barclays Chief Executive Antony Jenkins has opted not to take a bonus for 2012, saying he should "bear an appropriate degree of accountability" for the difficult year the British bank endured.
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www.ndtvprofit.com
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Barclays appoints retail boss Jenkins as CEO
- Thursday August 30, 2012
- Reuters
Softly spoken Jenkins replaces Bob Diamond, who built up Barclays's thriving investment bank but resigned as chief executive in July after the bank admitted manipulating the Libor.
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www.ndtvprofit.com
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In modern scandal, an e-mail is forever
- Wednesday July 11, 2012
- World News | Reuters
When ousted Barclays CEO Bob Diamond said he felt "physically ill" reading e-mails of his traders crowing over interest rate manipulation, he was almost certainly telling the truth. The veteran banker said it was the first he knew that employees had worked to artificially inflate the London interbank rate LIBOR.
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www.ndtv.com
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Bank of England's Tucker denies role in rate-fixing
- Monday July 9, 2012
The Bank of England's deputy governor, Paul Tucker, strongly denied suggestions on Monday that government ministers had pressured him to encourage banks to manipulate interest rates in a scandal gripping Britain's financial sector.
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www.ndtvprofit.com
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Bank of England official to testify on Barclays
- Monday July 9, 2012
UK lawmakers are set on Monday to question Paul Tucker, a senior Bank of England official, about his contacts with Barclays during a time when the bank has admitted it was manipulating its borrowing costs.
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www.ndtvprofit.com
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Moody's, S&P take steps to downgrade Barclays
- Friday July 6, 2012
Two leading credit rating agencies took steps on Thursday toward downgrading Barclays in the wake of a trading scandal that's seen three senior Barclays executives, including CEO Bob Diamond, hand in their resignations.
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www.ndtvprofit.com
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Barclays unfairly singled out in Libor scandal: Diamond
- Wednesday July 4, 2012
Bob Diamond, 60, quit this week after Barclays agreed to pay nearly half a billion dollars in fines for conspiring with other banks to fix the interest rates at the heart of the global financial system.
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www.ndtvprofit.com
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Barclays COO Jerry Del Missier resigns
- Tuesday July 3, 2012
The interest rate rigging scandal at Barclays claimed its third high-profile victim late on Tuesday when chief operative officer Jerry Del Missier resigned with immediate effect. Earlier in the day, chief executive Bob Diamond had also quit. Barclays was fined $453 million by US and British authorities, becoming the first bank to settle in an inves...
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www.ndtvprofit.com
-
How the Libor scandal unfolded
- Wednesday February 6, 2013
Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a scandal over rate rigging. Libor rates are based on daily estimates from a group of banks as to how much they would expect to pay to borrow funds from each other...
-
www.ndtvprofit.com
-
RBS fined $615 million for Libor rigging
- Thursday February 7, 2013
Britain's Royal Bank of Scotland will pay U.S. and British authorities $615 million and plead guilty to wire fraud in Japan to settle allegations it manipulated global benchmark interest rates.
-
www.ndtvprofit.com
-
Barclays boss forgoes bonus pegged at 2.75 million pounds
- Saturday February 2, 2013
Barclays Chief Executive Antony Jenkins has opted not to take a bonus for 2012, saying he should "bear an appropriate degree of accountability" for the difficult year the British bank endured.
-
www.ndtvprofit.com
-
Barclays appoints retail boss Jenkins as CEO
- Thursday August 30, 2012
- Reuters
Softly spoken Jenkins replaces Bob Diamond, who built up Barclays's thriving investment bank but resigned as chief executive in July after the bank admitted manipulating the Libor.
-
www.ndtvprofit.com
-
In modern scandal, an e-mail is forever
- Wednesday July 11, 2012
- World News | Reuters
When ousted Barclays CEO Bob Diamond said he felt "physically ill" reading e-mails of his traders crowing over interest rate manipulation, he was almost certainly telling the truth. The veteran banker said it was the first he knew that employees had worked to artificially inflate the London interbank rate LIBOR.
-
www.ndtv.com
-
Bank of England's Tucker denies role in rate-fixing
- Monday July 9, 2012
The Bank of England's deputy governor, Paul Tucker, strongly denied suggestions on Monday that government ministers had pressured him to encourage banks to manipulate interest rates in a scandal gripping Britain's financial sector.
-
www.ndtvprofit.com
-
Bank of England official to testify on Barclays
- Monday July 9, 2012
UK lawmakers are set on Monday to question Paul Tucker, a senior Bank of England official, about his contacts with Barclays during a time when the bank has admitted it was manipulating its borrowing costs.
-
www.ndtvprofit.com
-
Moody's, S&P take steps to downgrade Barclays
- Friday July 6, 2012
Two leading credit rating agencies took steps on Thursday toward downgrading Barclays in the wake of a trading scandal that's seen three senior Barclays executives, including CEO Bob Diamond, hand in their resignations.
-
www.ndtvprofit.com
-
Barclays unfairly singled out in Libor scandal: Diamond
- Wednesday July 4, 2012
Bob Diamond, 60, quit this week after Barclays agreed to pay nearly half a billion dollars in fines for conspiring with other banks to fix the interest rates at the heart of the global financial system.
-
www.ndtvprofit.com
-
Barclays COO Jerry Del Missier resigns
- Tuesday July 3, 2012
The interest rate rigging scandal at Barclays claimed its third high-profile victim late on Tuesday when chief operative officer Jerry Del Missier resigned with immediate effect. Earlier in the day, chief executive Bob Diamond had also quit. Barclays was fined $453 million by US and British authorities, becoming the first bank to settle in an inves...
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www.ndtvprofit.com