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Bryan Yurcan
Bryan Yurcan
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The Barclays LIBOR Fallout in Quotes

It certainly was an interesting week for Barclays PLC, and not in a good way. The multinational bank is still reeling from the fallout of its attempt to rig the daily settings of London Interbank Offered Rate (Libor) and the Euro Interbank Offered Rate and subsequent fine of 290 million Pounds. And there was no midweek holiday respite for the London-based bank, as the notorious British press continued to blast the financial institution. For your enjoyment, Bank Systems & Technology has compiled
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3. What Will People Say?

While making an internal candidate CEO has attractions, in that they would hit the ground running, there might be problems with the perception of such an appointment.

— An anonymous top 25 Barclays shareholder on the potential public backlash if the bank appointed a new CEO from within.

Source: Bank Systems & Technology

 

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio

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