Banks' £1.4bn rate fixing fine

Eight major banks have been fined a combined 1.7 billion euros (£1.4 billion) by the European Commission over rigging benchmark interest rates.

View all 9 updates ›

Barclays immune from potential €690m (£573m) fine

Barclays is immune from a potential €690 million (£573 million) penalty after the bank blew the whistle on the Euribor cartel.

Barclays is among the banks found to have formed cartels to fix two benchmark interest rates. Credit: REUTERS/Suzanne Plunkett

The Euribor is the euro area equivalent of the London interbank offered rate (Libor).

More top news