Barclays Names Jenkins CEO
Antony Jenkins, head of Barclays' consumer business, is taking over the spot vacated by Bob Diamond in the heat of the LIBOR scandal.
Banks Looking for ‘Scientific’ LIBOR Method
They are trying to limit their liability even as London-based Barclays, hit with a record fine over its role in LIBOR manipulation, named a new chairman to replace the one felled by the scandal.
Criminal Probes Start in LIBOR Scandal
The LIBOR scandal churned on; criminal probes were launched by the U.K.’s Serious Fraud Office (SFO) while in the U.S., the Justice Department prepared to file charges.
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.
BoE’s Tucker Will Testify on Barclays, Libor
Paul Tucker, deputy governor of the Bank of England, was to appear before Parliament to give his version of events described in a memo written by Bob Diamond, former CEO of Barclays.
Barclays’ Chief Quits as Outcry Over Libor Grows
A day after he insisted he had no intention of stepping down, Bob Diamond resigned as head of Barclays Bank effective immediately, bowing to pressure from lawmakers outraged over the manipulation of Libor rates on his watch.
Diamond Pressured as Barclays’ Agius Steps Down
Barclays Chairman Marcus Agius resigned from his post after a LIBOR-rigging scandal resulted in a fine of 290 million pounds. CEO Bob Diamond remained at the helm despite calls for his ouster.