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BoE warned about Libor in 2008

The Bank of England Governor Sir Mervyn King was warned about the concerns about the Libor interest rate by the US Federal Reserve in 2008, according to documents released. A parliamentary inquiry into the scandal has been launched.

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Witnesses to appear in front of Treasury Committee next week

The Treasury Select Committee is meeting on Tuesday 17th July at 10.00am:

  • Sir Mervyn King, Governor, Bank of England
  • Paul Tucker, Deputy Governor, Bank of England
  • Donald Kohn, Member, Interim Financial Policy Committee
  • Lord Turner, Member, Interim Financial Policy Committee
  • Paul Fisher, Executive Director, Markets, Bank of England

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