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Thursday, October 30, 2014

Update on investigations into the manipulation of various Libor-linked interest rate

Ex-Employee of Broker in Britain Charged in Libor Inquiry

Snippet of Article: "...Barclays, the Royal Bank of Scotland, the Lloyds Banking Group, UBS, ICAP and the Dutch lender Rabobank have paid a total of more than $3 billion in fines to the British and American authorities related to investigations into the manipulation of various Libor-linked interest rates. ..."

Reference: dealbook.nytimes.com

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