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According to a filing with a U.S. federal court in New York five banks involved in setting the London benchmark gold price have been accused in a lawsuit of price manipulation. The banks which oversee the benchmark –…>read moreNo Comment March 6, 2014
Three former Barclay’s employees have been charged by British prosecutors with conspiring to manipulate the benchmark interest rates. Barclays is a British multinational banking and financial services company headquartered in London. According to Bloomberg News, these charges are the…>read moreNo Comment February 18, 2014
by Antony Jenkins, CEO of Barclays Here at Barclays, we’ve received a great deal of complaints lately that we’ve been involved in manipulating prices of various raw commodities to increase our profits. Well I would just like to…>read moreNo Comment June 12, 2013
On Tuesday, Londell McMillan, the former head of Dewey’s entertainment, media and sports group, sued Barclays Bank in the US District Court in New York over a loan which McMillan says he did not take, and that the loan agreement…>read moreNo Comment February 20, 2013
Barclays announced that finance director Chris Lucas and the company’s top legal expert are retiring, according to Reuters. Lucas has been the finance director for six years. He is one of four former and current employees under investigation by…>read moreNo Comment February 4, 2013
Over the past two years, Barclays has made half a billion pounds by placing bets on food issues during the global food crisis. Barclays is a bank from the United Kingdom that holds the largest involvement in trading of…>read moreNo Comment September 4, 2012
Clifford Chance LLP, the world’s largest law firm by revenue, will cut its partnership ranks under a restructuring plan. The firm has asked partners to contribute £60 million ($87 million), about £150,000 each, and will cut as many as 80…>read more4 Comments February 4, 2009