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Thursday, February 12, 2026

Barclays faces probe into rate-rigging scandal

Barclays faces probe into rate-rigging scandal (via AFP)

Barclays Bank chairman Marcus Agius resigned on Monday over an interest rate rigging affair as the bank faced possible criminal prosecution in a scandal that has sullied London's image as a financial centre. The beleaguered bank announced Agius' departure and promised an independent audit, amid wider…


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