Add to ORKGThe aim of this paper is to use behavioral finance to explain the factors that brought Barclays Plc. to face a £290 million fine (about $440 million), having deliberately tried to manipulate the LIBOR (London Interbank Offered Rate). This sums to the £59.5 million fined by the British Financial Services Authority (FSA) – the highest fine ever imposed by this organization – and respectively £102 million and £128 million by the US Department of Justice and by the Commodity Futures Trading Commission (CFTC). We analyze the reports issued by the U.S. and the British regulatory agencies, and those of financial analysts. Even though the focus of analysis are Barclays’ actions, we compare them with what other market participants did at the time of...
In this paper, I explore the culture of the finance industry in general and, in particular, the prob...
Trust in public and private institutions has recently eroded. Multiple incidents of financial report...
In the context of the recent financial meltdown, the financial industry has frequently been accused ...
The aim of this paper is to use behavioral finance to explain the factors that brought Barclays Plc....
The manipulation of the London Interbank Offered Rate (LIBOR) was not a localized event. Unscrupulou...
The purpose of this chapter is to describe the reputational impact of the Libor case on Barclays by ...
In late June 2012, Barclays entered into a $453 million settlement with UK and U.S. regulators due t...
The aim of this case study is to investigate underlying causes for this evolution and to discuss eff...
What is the role of public enforcement in preventing widespread financial market miscon- duct? We st...
Barclays has been fined, the British have issued their report, and now the market is anxious for eve...
Brokers perform a key role in many financial markets. They introduce buyers to sellers, perform a us...
In June 2012, Barclays Bank PLC entered into a settlement agreement with the United Kingdom’s Financ...
We analyze security returns of banks that are implicated in the LIBOR scandal during the period from...
In recent years, enforcement officials have imposed billions of dollars in sanctions on all major U....
We study whether commonality of incentives and opportunity to commit fraud trigger reputational cont...
In this paper, I explore the culture of the finance industry in general and, in particular, the prob...
Trust in public and private institutions has recently eroded. Multiple incidents of financial report...
In the context of the recent financial meltdown, the financial industry has frequently been accused ...
The aim of this paper is to use behavioral finance to explain the factors that brought Barclays Plc....
The manipulation of the London Interbank Offered Rate (LIBOR) was not a localized event. Unscrupulou...
The purpose of this chapter is to describe the reputational impact of the Libor case on Barclays by ...
In late June 2012, Barclays entered into a $453 million settlement with UK and U.S. regulators due t...
The aim of this case study is to investigate underlying causes for this evolution and to discuss eff...
What is the role of public enforcement in preventing widespread financial market miscon- duct? We st...
Barclays has been fined, the British have issued their report, and now the market is anxious for eve...
Brokers perform a key role in many financial markets. They introduce buyers to sellers, perform a us...
In June 2012, Barclays Bank PLC entered into a settlement agreement with the United Kingdom’s Financ...
We analyze security returns of banks that are implicated in the LIBOR scandal during the period from...
In recent years, enforcement officials have imposed billions of dollars in sanctions on all major U....
We study whether commonality of incentives and opportunity to commit fraud trigger reputational cont...
In this paper, I explore the culture of the finance industry in general and, in particular, the prob...
Trust in public and private institutions has recently eroded. Multiple incidents of financial report...
In the context of the recent financial meltdown, the financial industry has frequently been accused ...