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Lecture
The LIBOR Scandal: Ethics Case Study
Description
This lecture delves into the LIBOR scandal, covering its history, the role of the British Banking Association, interest rate swaps, the involvement of UBS and Citigroup, the case of Tom Hayes, fines imposed on banks, and the ethical implications. It explores the manipulation of the London Interbank Offered Rate, the regulatory investigations, the legal proceedings, and the systemic issues within the banking industry.
Official source
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