News
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Libor Lending Rate scandal.
Another week! Another banking scandal! The latest in the long line is that of the manipulation of the key bank lending rate known as LIBOR.
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No libel of the dead.
MPs have rejected an attempt to amend the Defamation Bill currently going through Parliament, which would have allowed relatives of a dead person to sue over libellous stories.
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Miss-selling of interest rate swaps
There has been a rapid rise in the number of miss-selling of interest rate swaps. These are claims by small to medium sized businesses who have taken out loans and the bank has required the company to enter into a swap as a compulsory requirement for the loan being taken out.