BoE Governor Pushed for Barclays Chief’s Ouster
The British Parliament got an earful over the last couple of days as testimony continued in the LIBOR-fixing scandal.
LIBOR Manipulation May Have Spanned Decades
Reports of decades-long LIBOR manipulation surfaced and a survey of Wall Street executives showed that many believe that misconduct is not just acceptable behavior, but a key to success.
Former RBS Chief Stripped of Knighthood
Former Royal Bank of Scotland Group CEO Fred Goodwin is now also a former knight of the realm. Goodwin, on the advice of the Honors Forfeiture Committee in Britain, was stripped of his knighthood.