Barclays chairman says other banks face LIBOR fines

In an internal memo, leaked to the BBC, the bank's senior executives told employees other banks would soon be forced to settle with regulators, putting their own woes into perspective. The memo said: "As other banks settle with authorities, and their details become public, and various governments' inquiries shed more light, our situation will eventually be put in perspective." The memo, from Agius and other senior executives, admitted that customers, shareholders and regulators "all have a right to feel let down" by the bank after it admitted to manipulating the rate at which banks le...