Betaville |
| Posted: 01 Jun 2016 01:49 AM PDT Today's business splash in The Times is rather intriguing. Harry Wilson - City editor at The Times and a former colleague from time at The Daily Telegraph - reveals that Eric Daniels, former chief executive of Lloyds Banking Group, was told about Libor rigging at a BBA meeting in 2008. I wonder whether that's the same BBA "meeting" that I referred to in this piece - http://betaville123.blogspot.co.uk/2015/04/that-meeting.html - I wrote in late April last year? In case you don't recall, when I wrote that piece April Lloyds gave me this statement (see below). "We do not intend to comment on whether Lloyds did or did not attend the relevant meeting in April 2008, nor do we intend to comment on DB's settlement with the FCA and other regulators. Lloyds Banking Group entered into settlement with UK and US federal authorities in connection with LIBOR and BBA Repo Rate on 28 July 2014. Lloyds Banking Group's statement in connection with those settlements and its absolute condemnation of the actions of the individuals responsible for the conduct in question was made clear at the time." However, today Harry has quoted the FCA, the British financial regulator, in his piece as saying: "We do not think this suggestion that the official findings against Lloyds that no senior managers had any knowledge of problems with Libor is a correct characterisation of what is in the Lloyds's Libor final notice". Er, what's going on here?  |
| Back on Tip TV talking about Royal Mail, Pacific Biosciences and Actelion Posted: 01 Jun 2016 01:47 AM PDT Loyal readers might have been worried that Tip TV had given me the chop after several weeks without a clip being re-published on little old Betaville. But fear not - I haven't been on the show because Tip TV have been moving studios. And today my old mucker Moose (aka Nick Batsford) invited me back for a sit down with man-about-town Zak Mir. So, sit back and enjoy today's session: https://www.youtube.com/watch?v=Cb2eW4PwSOk  |
| You are subscribed to email updates from Betaville. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
Tidak ada komentar:
Posting Komentar