Thursday, September 20, 2012

Libor Investigation Not Going Away

The WSJ reports that the Justice Department is asking the banks under investigation for tolling agreements as it continues its investigation into alleged interest rate rigging that took place during the financial crisis that began in 2007:

The requests were sent to all the major banks under investigation, these people said, including Citigroup Inc., C +0.71% Deutsche Bank AG, DBK.XE -0.96% J.P. Morgan Chase JPM +0.19% & Co., Royal Bank of Scotland Group RBS.LN -1.27% PLC and UBS UBS +0.47% AG.

No comments: