Lloyds fine of £217m could be dwarfed by the value of civil claims against the bank

It was announced on 29 July 2014 by the Financial Conduct Authority (FCA) that Lloyds Banking Group has agreed to pay a total of £217m in fines to regulators in the UK and the US for their part in rigging sterling Libor submissions, and for other acts of wrongdoing including manipulating the measure used to calculate the level of payment it was required to make to the Bank of England for their participation in the government-backed Special Liquidity Scheme (SLS)…

Click on the link below to read the rest of the Collyer Bristow briefing.

Sign in or Register to continue reading this article

Sign in

Register

It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer

 

Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.

 

Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.

 

Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from Collyer Bristow

View more briefings from Collyer Bristow

Analysis from The Lawyer

Overview

4 Bedford Row
London
WC1R 4TF
UK

Turnover (£m): 14.90
No. of lawyers: 56