Skip to main content

Newsroom

October 31, 2012

Banks pushed for next Libor settlement

“US and UK enforcers are pushing to agree multinational settlements with at least one and possibly two more banks by the end of the year over allegations they tried to fix Libor and other interbank interest rates, people familiar with the negotiations said.

The timetable is back on track after a deterioration in transatlantic co-operation over the summer, the people said, with the bulk of the dozen or so banks under investigation in the wide-ranging scandal now expected to reach settlements over the next 12 months.”

 

Read Patrick Jenkins and Brooke Masters’ full Financial Times article here

 
In the News
Share

MEDIA REQUESTS

For media inquiries, please contact us at
press@bettermarkets.org or 202-618-6433.

Contact Us

For media inquiries, please contact press@bettermarkets.org or 202-618-6433.

To sign up for our email newsletter, please visit this page.

Name(Required)
This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact press@bettermarkets.org or 202-618-6433.

Donate

Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today