The Four Banks Which Shook Investors' Confidence in 2012

In the past few months, reports have been piling up that relate to rate-fixing scandals, hedges, misdealing  public offerings, and of course Muppets, have increased shook investor confidence in the banking sector. Here is an overview:

Barclays interest rate rigging scandal

In terms of Bank fraud, the hottest dispute so far is the one that Barclays PLC (LON:BARC)  (NYSE:BCS) is suffering from. The inter-bank interest fixing scandal has now resulted in the fall of three big executives from  Barclays PLC (LON:BARC)  (NYSE:BCS), the CEO Robert Diamond followed by the chief operating officer, Jerry Del Missier and Barclay’s Chairman Marcus Agius.Barclays PLC (LON:BARC)  (NYSE:BCS) has been fined...