Lloyds fires staff and axes bonuses for Libor rigging

Lloyds Banking Group has fired eight staff and withheld £3m of bonuses following their “unacceptable” actions which led to the bailed out bank being fined for Libor rigging. As a result of the £226m penalties for manipulating the benchmark interest rate, Lloyds also indicated that its entire bonu…

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Lloyds fires staff and axes bonuses for Libor rigging

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