A PYMNTS Company

European Commission investigating Libor derivatives trading

By  |  February 20, 2012

The European Commission is investigating possible collusion between companies involved in derivatives trading based on Libor. EC Spokesperson Antoine Colombani stated that the probe has been ongoing for several months, for multiple currencies.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Barclays, HSBC, and Royal Bank of Scotland have confirmed that they were questioned by the Commission.

    Source: Bloomberg

     

    Related content: Why and How to Use Empirical Screens in Antitrust Compliance (Rosa Abrantes-Metz, Global Economics Group, NYU Stern School of Business)