Care home group sues Barclays for £37m over LIBOR rigging

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A care home group is suing Barclays for £37m over the rigging of LIBOR in a landmark case which could force the bank to disclose the names of managers involved in the scandal.

Wolverhampton-based Guardian Care Homes bought over £70m worth of "swaps" from the bank in 2007 to protect itself against interest rate spikes. However, it claims Barclays deliberately sold a product...

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