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News Link • Corruption

Barclays’ Ex-Chief Spreads the Blame in Rate-Rigging Scandal

• New York Times
Mr. Diamond also sought to deflect attention from the bank’s role in the authorities’ continuing investigation, pointing out that other major global financial institutions also had been implicated. United States and British regulators, who announced a $450 million settlement with Barclays last week, are currently investigating the actions of more than 10 large financial institutions, including JPMorgan Chase, UBS and Citigroup.

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