British Bankers' Association

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  Freddie Mac Sues Big Banks Over LIBOR

  By John Sullivan, AdvisorOne  |  March 20, 2013

  Government-owned Freddie Mac accuses the banks, including Bank of America, of acting collectively to hold down the U.S. dollar LIBOR.

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  Congress Prods N.Y. Fed for More LIBOR Info

  By Melanie Waddell, AdvisorOne  |  July 23, 2012

  The House Financial Services Oversight and Investigations Subcommittee told the New York Fed on Monday that it wants more information about the the handling of banks’ alleged “manipulation and suppression” of LIBOR.

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  Diamond Pressured as Barclays’ Agius Steps Down

  By Marlene Y. Satter, AdvisorOne  |  July 2, 2012

  Barclays Chairman Marcus Agius resigned from his post after a LIBOR-rigging scandal resulted in a fine of 290 million pounds. CEO Bob Diamond remained at the helm despite calls for his ouster.