Barclays to pay more than $450 million in settlements

Sums will be paid to U.S. and British authorities to resolve LIBOR and EURIBOR manipulation probe

Perhaps the ink will dry on Barclays’ checks just in time for its execs to find their seats at Centre Court and dig into bowls of strawberries and cream. Reports surfaced today that the British bank will pay about $450 million to U.S. and British authorities to settle charges against Barclays PLC, Barclays Bank PLC and Barclays Capital Inc.

Barclays agreed to settle with the U.S. Commodity Futures Trading Commission (CFTC), the U.S. Department of Justice (DOJ) and the U.K.'s Financial Services Authority (FSA) over allegations of attempting to manipulate and making false reports concerning global benchmark interest rates, LIBOR and EURIBOR.

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