Seeking Alpha

Barclays (BCS +2.1% in London) yesterday became the first bank ordered to face a trial in the...

Barclays (BCS +2.1% in London) yesterday became the first bank ordered to face a trial in the U.K. over the manipulation of Libor rates. Barclays is being sued for up to £37M by residential care home operator Guardian Care Homes over the alleged mis-selling of swaps. The trial could lead to new revelations and will be a test case for thousands of small companies that also believe they were mis-sold such instruments.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)