'The scandal now threatens to engulf taxpayer-funded Lloyds and RBS,
which according to court documents obtained by The Daily Telegraph
have also been accused of routinely distorting basic financial data
used to set interest rates.
As British banks faced a potential criminal investigation billions
were wiped off their value, with shares in Barclays falling by 15.5%.
RBS’s share price plunged by more than 10 percent yesterday, wiping
more than £2 billion off the value of taxpayers’ stake in the bank.'
Read more: RBS and Lloyds Drawn Into Rate-Rigging Scandal
Read more: RBS and Lloyds Drawn Into Rate-Rigging Scandal
