Lloyds hit with fines totalling £218m for 'serious misconduct'

Lloyds Banking Group has today been hit with fines totalling £218m for serious misconduct relating to the Special Liquidity Scheme, the Repo Rate benchmark and the London Interbank Offered Rate.

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FCA uses new powers over LIBOR fixing scandal

The Financial Conduct Authority has used new powers for the first time today in issuing two Warning Notice Statements, understood to be connected to the LIBOR fixing investigation. Read more...

FCA fines ICAP Europe £14m for LIBOR failings

The Financial Conduct Authority has hit ICAP Europe Limited (IEL) with a £14m fine for misconduct relating to the London Interbank Offered Rate (LIBOR).
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Government committee seeks new administrator for Libor

The Government has announced it has appointed a committee to seek a new administrator of the Libor. Read more...
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