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July 28th, 2012 
FAKE NEWS for the Zionist agenda Following the interest rate rigging scandal at Britain’s second-biggest bank, Barclays announced slumping profits and added that the FSA has started a separate probe into four current and senior employees including Lucas.
The British lender announced £759m of pre-tax profits, down 71 percent from the £2.6bn of profits last year. Moreover, it suggested that the FSA did not believe all the fees had been revealed in £7.3bn of that was mainly fundraised from Middle Eastern investors during the 2008 financial crisis. This sort of fundraising helped Barclays avoid a bailout by the taxpayer.
The bank also admitted it took £450m for the interest rate swap products that were sold to small businesses. This is now being investigated by the FSA.
Manipulating the London Interbank Offered Rate (Libor), a measure of how much banks charge each other for loans, has already cost Barclays record fines of £290 million.
Following the Libor scandal, Agius stepped down as the bank’s chairman but reinstated when chief executive Bob Diamond was forced out by regulators.
“We are sorry for the issues that have emerged over recent weeks and recognise that we have disappointed our customers and shareholders. I speak for all of Barclays people when I say how determined we are to regain the full confidence of all our stakeholders; customers and clients, investors, regulators and staff alike,” Agius said.
BGH/ISH/HE
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