Fox Business
Expand
Browse All Video
Watch Live

You're watching...

GlaxoSmithKline Will Pay $3 Billion Fine

Details

  • Description

    FBN’s Robert Gray breaks down the stories moving the afternoon markets.

  • Duration 0:52
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

I'm Robert -- with your Fox Business -- prosecutors in the UK -- reportedly considering filing criminal charges.

I guess Barclays for filing false Bankrate reports.

The bank's chairman Marcus I guess resigned in the wake of the scandal.

The bank was fun more than 450.

Million bucks by British and US regulators for manipulating Libor a key interest -- in order to make itself look healthier than it was.

Libor is the rate banks use to -- unsecured funds to each other and -- GlaxoSmithKline.

Will pay a record three billion dollar -- in the largest health care fraud settlement in US history.

The drugmaker will plead guilty to charges -- -- not -- benefits of several of its drugs and failed to give the Food and Drug Administration safety data.

That has the latest from the Fox Business Network giving you -- power to prosper.

Load More