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Commission expands Libor and Euribor probe to include Tibor

 |  April 1, 2012

In a speech to be delivered at a Washington conference, Joaquín Almunia announced that the European Commission has expanded its interbank lending rate probe to Tibor. The Commission has been investigating possible manipulation of Libor and Euribor rates, as well as derivatives trading based on those rates.

Full content: Reuters


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