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Bank trust shredded in Britain

E
euronews (in English)

12 views • Jul 04, 2012

Description

Public perception that banking practices are inherently dishonest may make the Barclays Libor scandal in Britain a tipping point away from the traditional trust that people place in the system.

Other banks, such as UBS, RBS, Lloyds and HSBC risk a backlash, just as Barclays.

Its actions are under close scrutiny by the UK's Financial Services Authority.

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http://www.euronews.net/

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