Barclays draws Bank of England into Libor debacle


Barclays Bank today (July 3) published a blow-by-blow account of how the Libor rate-setting scandal and resulting investigation came about, drawing Paul Tucker, deputy governor at the Bank of England (BoE), into the line of fire.

The UK bank reproduced a copy of an email said to be sent by chief executive Bob Diamond to two other senior officials at the bank containing the alleged contents of a conversation with Tucker.

The alleged conversation draws the BoE into the Libor rate-setting scandal

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