Paul Tucker

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  Tough Talk in U.K. on Banks, Starbucks Taxes

  By Marlene Y. Satter, AdvisorOne  |  October 17, 2012

  The U.K. was sounding a note of authority with assertions that banks should be compelled to hold a certain amount of capital and threats of an investigation into Starbucks’ tax affairs.

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  Few Apply for Top BoE Spot

  By Marlene Y. Satter, AdvisorOne  |  October 8, 2012

  The list of candidates to succeed Mervyn King as governor of the Bank of England is smaller than expected, with many potential candidates disqualified because of recent investigations into bank misdeeds, and two of the top contenders off the list by choice.

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  Parliament Report Slams Barclays, Banking Culture Over LIBOR

  By Marlene Y. Satter, AdvisorOne  |  August 20, 2012

  A report issued by Britain’s Parliamentary Treasury Select Committee had harsh words for just about everyone involved in the LIBOR-rigging scandal.

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  Regulators Question Interest Rates From Sweden to Singapore

  By Marlene Y. Satter, AdvisorOne  |  July 19, 2012

  Regulators are questioning how interest rates are set across the globe—not just LIBOR and EURIBOR, but also various in-country rates.

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  BoE Governor Pushed for Barclays Chief’s Ouster

  By Marlene Y. Satter, AdvisorOne  |  July 17, 2012

  The British Parliament got an earful over the last couple of days as testimony continued in the LIBOR-fixing scandal.

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  LIBOR Manipulation May Have Spanned Decades

  By Marlene Y. Satter, AdvisorOne  |  July 10, 2012

  Reports of decades-long LIBOR manipulation surfaced and a survey of Wall Street executives showed that many believe that misconduct is not just acceptable behavior, but a key to success.

• BoE’s Tucker Will Testify on Barclays, Libor

  By Marlene Y. Satter, AdvisorOne  |  July 9, 2012

  Paul Tucker, deputy governor of the Bank of England, was to appear before Parliament to give his version of events described in a memo written by Bob Diamond, former CEO of Barclays.

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  Barclays’ Diamond Blames Libor Fixing on Other Banks, Regulators

  By Marlene Y. Satter, AdvisorOne  |  July 5, 2012

  Moody’s cuts Barclays' outlook; investors may be on the hook for losses.

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  Bank of England Implicated by Barclays in Libor Fixing

  By Marlene Y. Satter, AdvisorOne  |  July 4, 2012

  Documents released by the bank indicate that he may have been given tacit approval by Paul Tucker, deputy BoE governor, to adjust Libor rates to be more in line with other banks after Whitehall expressed concern lest Barclays appear to be in trouble.

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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.