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U.S., UK likely to charge multiple banks in Libor rigging -WSJ
February 12, 2016 / 6:51 PM / 2 years ago

U.S., UK likely to charge multiple banks in Libor rigging -WSJ

WASHINGTON, Feb 12 (Reuters) - American and British regulators are likely to charge several banks including Citigroup, the third-largest U.S. bank, and London-based HSBC Holdings, in an interest-rigging probe, the Wall Street Journal reported on Friday.

The U.S. Commodity Futures Trading Commission and the U.K. Financial Conduct Authority were preparing a final round of civil charges against the bank for rate manipulation in the Libor scandal, the newspaper reported, citing people close to the investigation. (Reporting by Doina Chiacu; Editing by Eric Walsh)

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