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Former Barclays CEO 'held back evidence'

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Former Barclays CEO 'held back evidence'

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Al Jazeera English

3 Views • Sep 04, 2012

Description

The former Barclays bank chief has been criticised by British parliamentarians for giving "highly selective" evidence during a hearing into the Libor rate fixing scandal.

Public trust in the banking industry in the UK is at an all-time low following the manipulation of a key lending rate, according to a parliamentarian committee report.

The report called for urgent action in a number of areas.

Al Jazeera's Peter Sharp reports from London.