Lloyds, which is 25 percent owned by the British government, said
around 3 million pounds ($4.9 million) in unpaid bonuses had been
forfeited as a result of the action.
The bank was fined $370 million in July for its part in the
attempted manipulation of the London interbank offered rate (Libor)
and for attempting to fix so-called "repo" rates to reduce fees for
a taxpayer-backed scheme set up by the Bank of England to support
British banks during the financial crisis.
Bank of England Governor Mark Carney has said the attempted
manipulation could lead to criminal action against those involved.
Lloyds said it had undertaken disciplinary action immediately after
the settlements were announced. It said it was unable to take
disciplinary action against a number of individuals who had already
left the group prior to the settlements. However, the bank passed on
its findings to Britain's Financial Conduct Authority and other
regulators.
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"Having now taken disciplinary action against those individuals
responsible for the totally unacceptable behavior identified by the
regulators' investigations, the board and the group's management
team are committed to preventing this type of behavior happening
again," Lloyds Chief Executive Antonio Horta-Osorio said in a
statement.
(1 US dollar = 0.6163 British pound)
(Reporting by Matt Scuffham; Editing by Steve Slater)
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