Business Standard

Barclays faces court trial in landmark Libor case

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Reuters London

Barclays faces the first claim for damages stemming from manipulation of the Libor interest rate after a British High Court Judge ruled that a case brought against the bank must go to trial.

The claim against Barclays , brought by Guardian Care Homes, could have major implications for other banks.

 

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First Published: Oct 29 2012 | 11:56 PM IST

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