View the article online at http://citywire.co.uk/wealth-manager/article/a734536
Fraud office launches Libor criminal action against Barclays trio
by Danielle Levy on Feb 17, 2014 at 12:08
The Serious Fraud Office has launched criminal proceedings against three ex-Barclays employees in connection with the alleged manipulation of the London Inter-bank offered rate (Libor).
The SFO named the three Barclays Bank employees as Peter Charles Johnson, Jonathan James Mathew and Stylianos Contogoulas. It is alleged they conspired to defraud between 1 June 2005 and 31 August 2007.
The SFO said the Libor investigation is ongoing, having accepted the case for investigation in July 2012. It is working collaboratively with the Financial Conduct Authority and the United States Department of Justice.
News sponsored by:
Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.
Today's top headlines
More about this:
On the road
by Robert St George on Apr 15, 2014 at 10:48