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Tag: LLOYDS Banking Group

Senior Banker Pleads Guilty To Libor Fixing

International, News October 7, 2014 MASAHUDU ANKIILU 0 Comments

A senior banker from a leading British bank has become the first person in the UK to plead guilty to conspiracy to defraud in connection with manipulating Libor.

Lloyds Bank Sacks Staff And Claws Back Bonuses Over Libor Rate-rigging

Banking & Finance, Finance September 29, 2014 MASAHUDU ANKIILU 0 Comments

Lloyds said it could not name the employees because the dismissals were subject to appeal LLOYDS Banking Group today sacked eight managers and traders for the rigging of benchmark interest rates and confiscated £3 million of their future bonuses.

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