Barclays settles $100million claim with US states over Libor scandal

‘Barclays, a British multinational banking and financial services company, shells out a $100 million settlement with more than 40 US states over claims that it rigged the Libor rate system.
The settlement with 43 US states and the District of Columbia was announced by New York Attorney General Eric Schneiderman. The additional sum comes on top of the $453 million fine Barclays received four years ago by UK regulators.
Barclays said it was “pleased” to have settled this latest legal threat in the US.’
Read more: Barclays settles $100million claim with US states over Libor scandal