Us regulator sues major banks over failure to disclose risks in $40-billion Libor rate-fixing scandal

Us regulator sues major banks over failure to disclose risks in $40-billion Libor rate-fixing scandal A major bank may face criminal charges for failing to disclose in a Libor rate-fixing scandal that $400 billion in deposits may have been stolen by traders. The U.S. Justice Department’s Financial Crimes Enforcement Network (FinCEN) alleges Barclays failed to […]