Reuters: Regulatory News: Barclays must answer serious questions on probe -PM

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Barclays must answer serious questions on probe -PM Jun 28th 2012, 10:04 LONDON, June 28 | Thu Jun 28, 2012 6:04am EDT LONDON, June 28 (Reuters) - The management of Barclays will have to answer some "serious questions" over an investigation which found it had manipulated interbank lending rates over several years, Prime Minister David Cameron was quoted as saying by the BBC. Barclays will pay 290 million pounds ($453 million) to U.S. and British authorities to settle allegations that it manipulated interest rates.

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