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UAE central bank confirms Barclays to leave rate-setting panel

The United Arab Emirates central bank confirmed Barclays has asked to withdraw from the country's interbank lending rate-setting panel, and will leave after completing a mandatory 90-day notice period.

July 19, 2012 11:00
Barclays Bank

Barclays to leave UAE rate panel in 90 days

Barclays, hit by the Libor scandal in Britain, will leave the rate-setting panel for interbank lending in the United Arab…

July 18, 2012 11:08