Libor rate-rigging: UK regulator failed to act on warnings of “low-balling”

Tuesday, March 5th 2013 - 16:52 UTC

Full article 1 comment

The UK Financial Services Authority repeatedly failed to act on warnings that banks were trying to rig inter-bank lending rates (mainly Libor) at height of the financial crisis, according to an internal review published Tuesday by the regulator. Read full article

Comments

Disclaimer & comment rules

Stevie
“Failed to act”, does that means “blatently ignored” in english, I'm confused now. Santa Fe?
Mar 06th, 2013 - 04:47 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!