Britain, Consumer Watch, England, financial news

Libor rate rigging scandal – Bank Chambers

Six years after the global recession, triggered by the financial crisis, fresh evidence is emerging of misconduct and collusion in Britain’s banks. The state-backed Lloyds bank chambers Group is the latest bank Source: voiceofrussia.com

Fresh evidence about conduct of British bankers in the UK seems to suggest a few mistakes. The state owned banks are having to implement new measures to regulate staff bonuses that go back anything up to seven years ago. The reason for this seems to be fines have been imposed on Lloyds bank chambers. The pressure is on.

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