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Barclays fund 'lowered' Libor for profit – court papers

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An investment fund owned and run by Barclays attempted to manipulate UK borrowing rates for its own profit according to an internal investigation conducted by the bank cited in court papers. A Singapore-based trader at the Ricardo Master Fund, an investment vehicle whose only investor was Barclay, is alleged to…

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Click here to read the full story: The Telegraph

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