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Barclays: Don't just blame us!
Barclays (BCS) spent "nearly £100 million" ($157 million) and three years conducting an "exhaustive internal investigation" into its traders and executives' role in manipulating Libor, a key global...
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'For you ... anything.' Barclays Libor emails paint ugly picture
Ever feel like the financial markets are simply a rigged game where the house (i.e. the world's largest banks) always win? Reading text messages and emails between traders at Barclays (BCS) about their...
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Libor scandal: Where's the outrage?
Libor. How many people gave it a passing thought before this scandal? In fact, I'm surprised that more people are still not giving it much thought. The scandal, after all, is another sign of banks...
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Barclays CEO job may be tough sell
Bob Diamond's downfall was swift, but Barclays' board of directors will be forced to take its time choosing his replacement. The first problem, of course, is that of the missing chairman. Before the...
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Libor-scarred Barclays names new chairman
Barclays, the bank most tarnished by the unfolding scandal over the manipulation of Libor rates, has wrapped up the first step in its quest to track down a new CEO. Barclays (BCS) named Sir David...
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Why bank stocks are immune to scandal
Banks have had their share of bad publicity recently, but investors continue to give them the benefit of the doubt. Standard Chartered (SCBFF) is a prime example. The British bank's stock has recouped...
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Growing costs for HSBC's laundry list of problems
HSBC reported Monday that it turned a profit of $5 billion in the third quarter, a figure held down by the scandal-plagued bank's efforts to absorb a series of fines and penalties. The London-based...
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