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Ex-Barclays Employees Not Bank Execs To Face Criminal Libor Charges

Ex-Barclays Employees Not Bank Execs To Face Criminal Libor Charges

Law360, New York (June 06, 2013, 10:42 PM ET) — American prosecutors and their counterparts across the Atlantic are planning to target some former Barclays PLC employees over the London Interbank Offered Rate scandal that cost the British investment banking giant a $450 million fine last summer, according to Thursday news reports.

Prosecutors in the U.S. and U.K. are planning to bring criminal charges against the former Barclays employees within in the next few months, but the exact time frame and the targets are not fully nailed down, confidential sources told the Wall Street Journal….

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