NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
Barclays PLC Faces Libor Claim In Landmark UK Court Case-Reuters
Reuters reported that Barclays PLC will face the first claim for damages stemming from manipulation of the Libor interest rate in a landmark case before Britain's High Court that could have major implications for all UK banks. Guardian Care Homes, a residential care home operator based in Wolverhampton, central England, is suing Barclays over the alleged mis-selling of interest rate hedging products known as swaps on which it has lost 12 million pounds ($19 million).
Latest Developments for Barclays PLC
- Barclays Plc and Barclays Bank PLC announces appointment of John McFarlane to succeed Sir David Walker as chairman
- Abu Dhabi Islamic Bank PJSC and Barclays PLC conclude sale of UAE retail banking business
- Barclays PLC's Barclays Bank PLC agrees to sell Spanish businesses to CaixaBank S.A.
- Barclays PLC announces gross headcount reductions around 7,000
- Share this
- Digg this