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Wed 21 May 2014 12:22 PM

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Banks and brokers face rate rigging charges

EU competition regulators have accused HSBC, J P Morgan and Credit Agricole of rigging financial benchmarks linked to the euro. Brussels is also planning to bring charges against ICAP, the world’s largest interdealer broker, for suspected manipulation of the Libor financial benchmark involving the Japanese yen

(Source: euronews YouTube channel)