British market regulator reviews previously undisclosed evidence of Barclays' attempts to manipulate Libor

Barclays could face a fresh investigation into its attempts to manipulate Libor after the discovery of a cache of documents related to the scandal that were not available to regulators before its £290m settlement last year. The Financial Conduct Authority has been informed by Barclays of the existence of the new documents and the market regulator is expected to review the documents before making a decision on whether to open a fresh Libor-rigging inquiry into the bank. Last year, Barclays was fined £59.5m by the FCA’s predecessor, the Financial Services Authority, as part of a joint UK-US settlement over its role in attempts to manipulate Libor as it became the first bank to admit its involvement in the scandal......Read more here