ICAP confirms Libor investigation by FSA

01/25/2013 | Bloomberg · Reuters · Wall Street Journal, The

ICAP says an interdealer-broker subsidiary is under investigation by the UK Financial Services Authority. The FSA joins the Canadian Competition Bureau in trying to determine whether ICAP facilitated banks such as Royal Bank of Scotland and HSBC Holdings in manipulating the London Interbank Offered Rate.

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Bloomberg · Reuters · Wall Street Journal, The

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