Legal
FSA was warned of 'significant' Libor problem in 2008
Bank regulators realised as early as 2008 that manipulation Libor could pose a “significant” problem for the banking industry, it has emerged. In an internal report on its handling of the scandal, the Financial Services Authority admitted that several warnings about the rigging of borrowing rates had gone unheeded. The…
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Click here to read the full story: The Telegraph