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The British bank Barclays fires Chief Executive Antony Jenkins for his failure to reduce head count and the pace of cost cutting with Chairman John McFarlane to act as interim CEO until a replacement is appointed. The bank was recently convicted of earning billions through fraud as part of the LIBOR scandal
2015-07-8

British bank company Barclays announces that they plan to cut 19,000 jobs over the next 3 years and exit the retail bank market in Western Europe.
2014-05-8

Banking giant UBS is fined $1.5 billion for attempting to manipulate the Libor interbank lending rate, becoming the second international bank, after Barclays, to be fined over the Libor scandal.
2012-12-19

The UK's Serious Fraud Office launches an investigation into payments between Barclays and Qatar Holding LLC after Barclays sought investment from the latter during the financial crisis in 2008.
2012-08-29

Bob Diamond, former CEO of Barclays, gives evidence to the Parliament of the United Kingdom's Treasury Select Committee on the bank's manipulation of Libor and Euribor interest rates.
2012-07-4

The UK government announces an independent review of the workings of the Libor inter-bank lending rate in the wake of the Barclays scandal.
2012-06-30

Bob Diamond, the chief executive of Barclays bank, refuses to resign over the bank's role in manipulating interest rates.
2012-06-29

The share price of Barclays bank plunges by 17 per cent after it was hit with a record fine for distorting key interest rates to rig international markets.
2012-06-28

British Prime Minister David Cameron says the management of Barclays faces "serious questions" about its role in distorting key interest rates to rig international markets.
2012-06-28

Moody's downgrades the credit rating of 15 major world banks: UK (The Royal Bank of Scotland, Barclays and HSBC), US (Bank of America, Citigroup, Goldman Sachs and JPMorgan), Rest of world (Credit Suisse, UBS, BNP Paribas, Crédit Agricole, Société Générale, Deutsche Bank, Royal Bank of Canada and Morgan Stanley).
2012-06-21