LexisNexis® Legal Newsroom
3 Former Barclays Bankers Charged with LIBOR Manipulation

The United Kingdom’s Serious Fraud Office has brought charges against three former employees at Barclays Bank Plc, Peter Charles Johnson, Jonathan James Mathew, and Stylianos Contogoulas, in connection with its investigation into the manipulation of LIBOR. The SFO alleged that the defendants conspired...

17 Large Banks Manipulated LIBOR, FDIC Claims

The Federal Deposit Insurance Corporation, as receiver for dozens of failed banks including Washington Mutual and IndyMac Bancorp, has sued 17 large banks, alleging that they manipulated LIBOR – the London interbank offered rate – over approximately a four-year period. The suit contends...