Quote Originally Posted by Blurock View Post
Obviously Barclays will have many claims against them from clients who have lost on the deliberate miscalculation of LIBOR based interest.
That's an interesting interpretation of what they did. My understanding is they understated their interest spread on LIBOR loans when reporting to the Bank of England / Treasury.

I don't think ABSA is involved, at least not the way you suggest. The one possible consequence that was raised is Barclays might have to sell off ABSA to raise cash...