Regulators Fine Barclays £290m For Misconduct

<p>Barclays Bank has been fined £290m by regulators in the United States and Britain - a record sum. The lender agreed to pay the penalty in return for settling a case involving the bank's manipulation of the London interbank lending rate, known as Libor. As a result, its chief executive Bob Diamond has said he will waive his bonus for the current financial year.</p>

Regulators Fine Barclays £290m For Misconduct

Barclays Bank has been fined £290m by regulators in the United States and Britain - a record sum. The lender agreed to pay the penalty in re...

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