Monday, 9 July 2012



Paul Tucker 'aware of move to fix Libor


Deputy Bank of England governor, Paul Tucker, will be grilled by MPs over the Libor scandal and whether regulators decided to turn a blind eye to misconduct. TSC sources on Sunday said Mr Tucker must have known that Royal Bank of Scotland and Lloyds Banking Group were posting false rates because their Libor submissions were lower than Barclays even after they had been locked out of markets and forced to take £60bn in secret loans from the Bank. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9385359/Paul-Tucker-aware-of-move-to-fix-Libor.html