8 ms·
This is, broadly speaking, the same story that came out in 2012: "Barclays Submitters believed mistakenly that they were operating under an instruction from th
by bboreham 10y ago
This is, broadly speaking, the same story that came out in 2012:
"Barclays Submitters believed mistakenly that they were operating under an instruction from the Bank of England (as conveyed by senior management) to reduce Barclays' LIBOR submissions"
https://www.publications.parliament.uk/pa/cm201213/cmselect/cmtreasy/481/48106.htm https://www.publications.parliament.uk/pa/cm201213/cmselect/...
Whether this belief was "mistaken" seems a matter of opinion, since no evidence has surfaced of what was actually said.