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By Marlene Y. Satter, AdvisorOne |
July 19, 2012
Regulators are questioning how interest rates are set across the globeānot just LIBOR and EURIBOR, but also various in-country rates.
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By Marlene Y. Satter, AdvisorOne |
March 9, 2012
Interbank rates, including Libor, are under investigation by a number of countries amid suspicion of bank misconduct. The U.S. has launched a criminal investigation and European authorities are looking into allegations that banks may have colluded to trade derivatives based on the rate.