Conspiracy theory: Lawyers gear up for high-stakes Libor case

Lying in rates

pinocchio

Lawyers seeking to prove banks conspired to manipulate Libor received a huge fillip on June 27, when regulators in the US and the UK announced their roughly $450 million settlement with Barclays – emails between the bank’s staff showed it had lied about its borrowing costs, which are the input to the Libor process. Two of the three regulators also say evidence was found of co-operation between Barclays and other banks, but did not name the banks involved. More regulatory settlements are expected

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here