Barclays may be facing one of its darkest chapters in its recent history, but analysts were unfazed by the unravelling Libor trading scandal this morning.

The share price of Barclays is down around 9% in morning trading. It had stayed flat after yeseterday's announcement from UK and US regulators that they were fining the bank over $450m for manipulating London Interbank Offered Rate, or Libor.