Barclays' ex-boss faces parliamentary grillingReported by SeattlePI.com on Wednesday, 4 July 2012 (on July 4, 2012)
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Barclays' ex-boss faces parliamentary grilling
LONDON (AP) — The former chief executive of Barclays will face a grilling later Wednesday when he is quizzed by an influential group of British lawmakers over the bank's manipulation of interbank lending rates. Barclays has said it suspected that other British banks were reporting lower than accurate borrowing rates at the height of the credit crisis.
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