We keep waiting for the other shoe to drop in the Libor-rigging scandal, and we venture to say that anyone associated with Barclays is probably with us—until regulators offer up some dirt on another bank, the British lender will continue to get the worst of it.
Barclays chairman Marcus Agius, who resigned last Read More
This is a bit tricky to untangle: Two London-based derivatives traders at Mitsubishi UFJ Financial Group were suspended amid ongoing inquiries into efforts to manipulate interbank lending rates.
Barclays, of course, was always just the start. While British politicians raked CEO Bob Diamond over the coals this week, investors wrung their hands over the price Barclay paid by being the first bank to settle with regulators over efforts to manipulate Libor, and pundits wondered which bank would be implicated next.
Now Read More