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U.S. regulator FDIC sues major banks over Libor manipulation

By Agence France-Presse
Saturday, March 15, 2014 9:32 EDT
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US regulator sues major banks over Libor manipulation (via AFP)

The US Federal Deposit Insurance Corporation sued HSBC, Citigroup, Deutsche Bank and 12 other global banking heavyweights for manipulating the Libor benchmark interest rate. The manipulation caused “substantial losses” to 38 US banks that were shut…



Agence France-Presse
Agence France-Presse
AFP journalists cover wars, conflicts, politics, science, health, the environment, technology, fashion, entertainment, the offbeat, sports and a whole lot more in text, photographs, video, graphics and online.
 
 
 
 
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