Financial Headlines from The Telegraph, UK, July 27, 2012

Barclays sorry for Libor rigging as it reveals FSA probe of finance chief

Barclays, which is fighting to restore its battered reputation, said its finance director Chris Lucas and three other current and former senior staff are being investigated over fees related to the bank’s 2008 fundraisings.

Bundesbank backlash unsettles markets

Germany’s central bank says ECB bond buying would “blur the line between monetary and fiscal policy,” as it pours cold water over hopes of fresh action by Mario Draghi.

Barclays leads the pack as FTSE 100 falls

Barclays shares jumped in early trading as the bank, which has had its reputation tarnished by the Libor scandal, unveiled half-year profits which beat analyst estimates.

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