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20 more banks were rigging interest rates:

July 1, 2012

… British bankers now facing criminal inquiry over scandal that was kept secret for years

Noted:
* Wall Street analyst – One group behind financial collapse
* Barclays executive Jerry del Missier quits over ‘Libor lies’
* Libor rate-fixing scandal spotlight now on Citi, JPMorgan

* Barclays shares drop 15 per cent as pressure on Diamond grows
* George Osborne promises new criminal sanctions for market abusers
* RBS, HSBC and Lloyds all named as under investigation as scandal widens

Mail Online
By James Chapman, Becky Barrow, Ruth Sunderland and Rob Davies
PUBLISHED: 22:53 GMT, 28 June 2012 | UPDATED: 06:56 GMT, 29 June 2012

Hundreds of bankers across three continents are embroiled in the interest-rate fixing scandal that has left Barclays chief executive Bob Diamond fighting to save his job.

Speech: Bob Diamond alongside George Osborne at the Davos World Economic Forum

As pressure intensified on Britain’s highest paid banking boss to quit, MPs heard a string of other financial institutions across the world were under investigation.

At least 20 banks are believed to be under suspicion, with growing demands for a criminal investigation.

READ MORE

http://www.dailymail.co.uk/news/article-2166242/Barclays-20-banks-including-HSBC-facing-criminal-inquiry-rate-fix-scandal.html

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