BARCLAYS PROVISIONS £850M IN TOTAL FOR MIS-SELLING OF INTEREST RATE SWAPS
[Note: Lloyds yesterday only provisioned £90m]
BARCLAYS PROVISIONS £850M IN TOTAL FOR MIS-SELLING OF INTEREST RATE SWAPS
[Note: Lloyds yesterday only provisioned £90m]
Andrew Tyrie MP asks Jenkins to confirm that he doesn’t subscribe to ignorance as a defence
Jenkins says he agrees with this perception.
"On Libor Fixing:
Jenkins: I am not seeking to justify the events surrounding Libor and we dealt with it that we saw fit. But I will say that prospectively that we have absolute control over what is happening in the organisation. We have lots of legacy issues and we are dealing with it appropriately.
http://www.ibtimes.co.uk/articles/430520/20130201/antony-jenkins-barclays-bonus-bankers-bonuses.htm
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