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Former Barclays CEO Bob Diamond's evidence to MPs last month was "highly selective," according to a report released by an influential Parliamentary committee today.
The Treasury Select Committee concluded that the evidence given by Mr Diamond on the Libor fixing scandal had fallen well short of parliamentary standards.
The MPs' report reveals the initial findings of an investigation into the circumstances that surrounded the fixing of Libor - the London Interbank Offer Rate - which sets inter-bank lending prices.
The report also concluded that "it is high unlikely Barclays was the only bank attempting this".
Latest ITV News reports
The Bank of England, the FSA, Barclays and the bank's ex-CEO Bob Diamond have been criticised by MPs investigating the Libor fixing scandal
MPs have produced a withering report on the Libor rate rigging scandal. The Bank of England and the FSA look particularly bad.