Parliamentary Report Rips Barclay’s and Bank of England

Huw Jones, Reuters Company culture at Barclays was “deeply flawed” and the Bank of England’s hand in removing its chief executive Bob Diamond was hard to justify, a UK parliamentary report into the “disgraceful” rigging of Libor interest rates said on Saturday. Few emerge unscathed from the Treasury Select Committee’s 300-page report and annexes, based […]