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Justice Department conducting criminal investigation of Barclays

“A former head of the United States government body regulating the security industry has said that manipulation of the inter-bank lending rate Libor by Barclays is likely to be the ‘tip of the iceberg’ in terms of fraudulent activities by banks.”

Source:Justice Department conducting criminal investigation as former SEC chair warns Barclays’ rate manipulations is ‘tip of the the iceberg’ | Mail Online