Fixing the Libor Rate II

17/01/2013 28 min

Listen "Fixing the Libor Rate II"

Episode Synopsis

Simon Cox first reported on LIBOR manipulation last July when he investigated Barclays' role following the substantial fine it was forced to pay be regulators. As more banks are embroiled in the scandal he asks what impact the growing number of legal cases might have on bank profitability, whether financial regulation can stop abuses happening in the future and how many more banking fines are to follow.