Rate-rigging scandal sees Barclays shares plunge

More than £3bn (€3.75bn) was wiped off Barclays’ market value today as its rate-rigging scandal sent shockwaves throughout the banking sector.

Rate-rigging scandal sees Barclays shares plunge
Thu, 28 Jun, 2012 - 18:25

More than £3bn (€3.75bn) was wiped off Barclays’ market value today as its rate-rigging scandal sent shockwaves throughout the banking sector.

The bank plunged 15.5% into the red, with rival stocks also suffering hefty falls amid fears over the potential for widespread multi-billion pound fines and damages.

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