Wednesday, July 25, 2012

Rate-fixing bankers should face criminal charges, EU says



http://www.euronews.com/ Rate-fixing bankers should be treated as criminals, the European Commission said on Wednesday.
That is the view of the EU's executive amid public anger over the Libor rate scandal.

Barclays admits its staff manipulated Libor, a key lending rate between banks, and has paid a 370 million euro fine.
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