Bob Diamond

Priyanka Chopra debuted a chic new bob haircut to attend the Bulgari event with Anne Hathaway in Rome

The British bank, which under former chief Bob Diamond poached top staff and customers from competitors in trouble after the financial crisis, now risks suffering the same fate as it radically shrinks its investment banking business.

Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a scandal over rate rigging. Libor rates are based on daily estimates from a group of banks as to how much they would expect to pay to borrow funds from each other...

Britain's Royal Bank of Scotland will pay U.S. and British authorities $615 million and plead guilty to wire fraud in Japan to settle allegations it manipulated global benchmark interest rates.

Barclays Chief Executive Antony Jenkins has opted not to take a bonus for 2012, saying he should "bear an appropriate degree of accountability" for the difficult year the British bank endured.

Softly spoken Jenkins replaces Bob Diamond, who built up Barclays's thriving investment bank but resigned as chief executive in July after the bank admitted manipulating the Libor.

Barclays Plc revealed a new regulatory probe and more U.S. lawsuits on Friday.

Barclays shares were up 4 per cent to 159.9 pence in early trade, topping the FTSE 100 index.

In the 21st century anything written down electronically, even in confidence, can be stolen or subpoenaed and come back to haunt the writer - and others - years later.

When ousted Barclays CEO Bob Diamond said he felt "physically ill" reading e-mails of his traders crowing over interest rate manipulation, he was almost certainly telling the truth. The veteran banker said it was the first he knew that employees had worked to artificially inflate the London interbank rate LIBOR.

The Federal Reserve Bank of New York may have known as early as August 2007 that the setting of global benchmark interest rates was flawed.

Agius was the first top Barclays executive to quit when the extent of the scandal emerged this month.

The Bank of England's deputy governor, Paul Tucker, strongly denied suggestions on Monday that government ministers had pressured him to encourage banks to manipulate interest rates in a scandal gripping Britain's financial sector.

UK lawmakers are set on Monday to question Paul Tucker, a senior Bank of England official, about his contacts with Barclays during a time when the bank has admitted it was manipulating its borrowing costs.

Two leading credit rating agencies took steps on Thursday toward downgrading Barclays in the wake of a trading scandal that's seen three senior Barclays executives, including CEO Bob Diamond, hand in their resignations.

Priyanka Chopra debuted a chic new bob haircut to attend the Bulgari event with Anne Hathaway in Rome

The British bank, which under former chief Bob Diamond poached top staff and customers from competitors in trouble after the financial crisis, now risks suffering the same fate as it radically shrinks its investment banking business.

Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a scandal over rate rigging. Libor rates are based on daily estimates from a group of banks as to how much they would expect to pay to borrow funds from each other...

Britain's Royal Bank of Scotland will pay U.S. and British authorities $615 million and plead guilty to wire fraud in Japan to settle allegations it manipulated global benchmark interest rates.

Barclays Chief Executive Antony Jenkins has opted not to take a bonus for 2012, saying he should "bear an appropriate degree of accountability" for the difficult year the British bank endured.

Softly spoken Jenkins replaces Bob Diamond, who built up Barclays's thriving investment bank but resigned as chief executive in July after the bank admitted manipulating the Libor.

Barclays Plc revealed a new regulatory probe and more U.S. lawsuits on Friday.

Barclays shares were up 4 per cent to 159.9 pence in early trade, topping the FTSE 100 index.

In the 21st century anything written down electronically, even in confidence, can be stolen or subpoenaed and come back to haunt the writer - and others - years later.

When ousted Barclays CEO Bob Diamond said he felt "physically ill" reading e-mails of his traders crowing over interest rate manipulation, he was almost certainly telling the truth. The veteran banker said it was the first he knew that employees had worked to artificially inflate the London interbank rate LIBOR.

The Federal Reserve Bank of New York may have known as early as August 2007 that the setting of global benchmark interest rates was flawed.

Agius was the first top Barclays executive to quit when the extent of the scandal emerged this month.

The Bank of England's deputy governor, Paul Tucker, strongly denied suggestions on Monday that government ministers had pressured him to encourage banks to manipulate interest rates in a scandal gripping Britain's financial sector.

UK lawmakers are set on Monday to question Paul Tucker, a senior Bank of England official, about his contacts with Barclays during a time when the bank has admitted it was manipulating its borrowing costs.

Two leading credit rating agencies took steps on Thursday toward downgrading Barclays in the wake of a trading scandal that's seen three senior Barclays executives, including CEO Bob Diamond, hand in their resignations.