FSA's Andrew Bailey
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Barclays Libor scandal: Bank had 'culture of gaming'

A senior banking regulator has told MPs Barclays had a "culture of gaming" that emanated from "from the top".

The Financial Services Authority's Andrew Bailey also said former Barclays chief executive Bob Diamond's recent evidence to MPs was "highly selective".

The Treasury Committee has been hearing evidence after it was disclosed Barclays' traders tried to manipulate Libor from 2005 to 2009.

  • 16 Jul 2012
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