Thursday, August 16, 2012

Seven banks summoned in Libor Scandal

A quick update on the Libor Scandal: Seven banks, including HSBC and Royal Bank of Scotland, are to be questioned in the US for alleged manipulation of the Libor inter-bank lending rate.
Source: BBC (in English), VRT (in Dutch)

Both the Business Insider and the New York Times published infographics explaining the Libor Scandal.


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