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Wednesday 4 October 2023 Dublin: 13°C

# Libor

All time
EU regulator levels 'cartel' charge against three top banks
JPMorganChase, HSBC and Credit Agricole are all in the dock
Barclays axe 7,000 jobs at struggling unit as it creates 'bad bank'
It will also have to sell or run down about £115 billion of non-core assets.
Three former bankers charged in connection with UK lending rate fixing
It brings the total of people charged in relation to the scandal to six.
European banks to be fined up to €1.6 billion each today for rate-fixing
The fines could set EU antitrust records with banks accused of fixing the rate at which they lend to each other.
Senior bankers who put taxpayers' money at risk should be jailed
A report by a parliamentary commission on banking in the UK has recommended widespread reform to the sector.
UBS pays $1.5 billion to settle Libor allegations
The Swiss banking giant is to pay $1.5 billion to regulators over allegations it manipulated Libor interest rates.
Ex-Barclays chief Bob Diamond criticised over 'highly selective' evidence
Head of British Treasury Select Committee inquiry into Libor scandal is highly critical of Diamond in official report.
RBS sets aside stg£28m for Ulster Bank tech 'glitch'
Interim results report clarifies the amount being earmarked for both redress for beleaguered Ulster Bank customers in Ireland and the costs associated with dealing with the system failure.
Column: Here’s why Ireland is failing. Have you heard of Dibor?
In the UK, a banking scandal has prompted high-level resignations and heavy fines. In Ireland our reaction is very different, writes William Campbell.
Column: Yes, we need a banking inquiry – but we can’t let politicians do it
Have you ever seen our TDs in action? They’re hardly the people to investigate this complex – and untrustworthy – industry, writes Aaron McKenna.
Sign on you crazy Diamond: Barclays chief resigns
Under pressure Bob Diamond has stepped down as the bank’s chief executive after controversy over the bank’s manipulation of key interest rates.
Chairman of Barclays bank resigns after rate-fixing scandal
The British bank has been mired in controversy after it emerged that it manipulated one of the main inter-bank lending rates.
RBS traders fired months ago over rate-fixing - report
Revelation comes after RBS confirmed it is one of the banks being investigated over manipulation of inter-bank lending rates.