"Two senior Barclays staff from its US offices have been sacked in the wake of the Libor scandal.
According to reports, Barclays notified the US regulators that Ritankar “Ronti” Pal, who was the head of US interest rates trading in New York, was dismissed on 30 July because the bank had “lost confidence in him to supervise his own team”.
The bank also sacked Dong Kun Lee, a derivatives trader who reported to Pal, over engaging in “communications involving inappropriate requests relating to Libor”. Reports state three other traders under Pal are under scrutiny."
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