July 10, 2012 Former CEO Robert Diamond of Barclays bank will give up his $30 million dollars in bonuses this year. The bank's chairman testifies that British bank regulators effectively forced Diamond out.
June 28, 2012 Barclays bank of Britain is fined $452 million dollars for trying to influence two major interest rates, the Libor and the Euribor. These set other rates for loans and mortgages. Traders are accused of changing the rate to benefit Barclays' investments.