Wednesday, December 04, 2013

Europe Sets Big Fines in Settling Libor Case - NYTimes.com

Europe Sets Big Fines in Settling Libor Case - NYTimes.com
The settlement was the largest combined penalty ever levied by the European competition authorities and is the first time that American banks have been fined in a set of interest rate scandals that have also drawn scrutiny from regulators in Britain and United States. Those regulators still have their own investigations underway.