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The level of ethical development that the executives at Barclays demonstrate when manipulating the LIBOR is what I consider social responsibility

The level of ethical development that the executives at Barclays demonstrate when manipulating the LIBOR is what I consider social responsibility (Lamb, 2018). Just when Barclays was caught up with the criminal investigation with the mishandling of LIBOR, the United States financial regulatory agencies decided to fine Barclays Bank. The United States financial regulatory had follow the determinants of a civil society to regulate the corruptions that was being done with the monetary system. I believe that the executives at Barclays wanted to follow a perception of ethics in learning what is right or wrong to inquire into the laws. This was an unethical behavior on behalf of Barclays Bank that shocked many in the financial industry. As for the reason this was an unethical behavior because their moral value was unfair when Barclays Bank deployed LIBOR by making false calculation with the bank insurance rates.