Archive: Libor Scandal

Libor-rigging scandal made people fearful of switching banks, despite scandals with Barclays, HSBC, Royal Bank of Scotland and others.

Low level of bank switching despite scandals

Consumers are afraid to switch banks despite growing concerns with their own, a senior financial services regulator has warned.

Opinion Former Articles

  • The City of London faces intense hostility from the general public

    Podcast: Banker-bashing reloaded

    Following Barclays' £290 million fine for fiddling the interbank lending rate Libor the search for answers from Westminster has begun. But where will this end up? Will the inquiry into wrongdoing in the banking sector change anything?

  • Commons chamber debates the options for a banking inquiry

    Savage Commons debate appears to scupper Libor inquiry

    Government plans for a parliamentary inquiry into the Libor scandal seemed to be in deep trouble today, following a brutal Commons debate.

  • A dash for the exit: Bob Diamond makes a break for freedom after his MP grilling

    Sketch: Bob hearts Barclays, but MPs don't give Diamond much love

    "Why are you so reluctant to tell us?" Andrew Tyrie asked Bob Diamond at the start of today's Treasury committee grilling. "I'm very suspicious," Tory Mark Garnier declared, three hours later. Nothing much had emerged in the interim.

  • Neither Miliband nor Cameron deviated from advancing their party's interests in this week's prime minister's questions

    PMQs sketch: Party interest wins out

    Ed Miliband accused David Cameron of acting in the party interest, not the national interest, in prime minister's questions this lunchtime. But both leaders were guilty of exactly that - and MPs couldn't care less.

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