
Barclays Bank PLC entered into an agreement with the Department of Justice to pay a $160 million penalty to resolve alleged violations arising from Barclays's submissions for the London interbank Offered Rate and the Euro Interbank Offered Rate, which are benchmark interest rates used in financial markets around the world. For more info visit https://www.justice.gov/opa/pr/barclays-bank-plc-admits-misconduct-related-submissions-london-interbank-offered-rate-and