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Barclays Agrees to Pay 290 Million Pounds to Settle Libor Probes

Barclays Plc (BARC), Britain’s second- biggest bank by assets, agreed to pay 290 million pounds in penalties to settle U.S. and U.K. probes into whether it sought to rig the London interbank offered rate.

To contact the editor responsible for this story: Keith Campbell at k.campbell@bloomberg.net

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