Libor fallout: The "discharge" of a managing director from Barclays (BCS) in July was over a...

|About: Barclays PLC (BCS)|By:, SA News Editor

Libor fallout: The "discharge" of a managing director from Barclays (BCS) in July was over a "loss of confidence ... (for failing) to properly supervise individuals on his team," according to a regulatory filing. In addition to the firing of the MD, one of his traders was let go for "communications involving inappropriate requests relating to Libor."