EU eyes Libor-Euribor settlement with banks before 2014

07/1/2013 | Bloomberg · Reuters

EU Competition Commissioner Joaquin Almunia says he is striving to settle with banks by year-end regarding alleged manipulation of benchmarks, including the London Interbank Offered Rate and the Euro Interbank Offered Rate. Almunia notes possible "systemic damage" through such manipulation.

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Bloomberg · Reuters

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