Economy

Demeter

(85,373 posts)

7. JPMorgan, UBS Said Among Banks Queried in Libor Probe

Thu Aug 16, 2012, 09:38 PM

Aug 2012

http://www.bloomberg.com/news/2012-08-15/jpmorgan-barclays-said-among-banks-to-get-libor-subpoenas.html

...Subpoenas were sent in recent weeks to five of the banks, Deutsche Bank AG (DBK), Royal Bank of Scotland Group Plc and HSBC Holdings Plc (HSBA) in addition to JPMorgan and Barclays, the person said yesterday. Citigroup Inc. (C) and UBS AG (UBSN) received subpoenas earlier this year as part of the investigation.

New York Attorney General Eric Schneiderman and Connecticut Attorney General George Jepsen are jointly investigating alleged manipulation of the London interbank offered rate by lenders. RBS, UBS, Lloyds Banking Group Plc (LLOY) and Deutsche Bank are among the lenders regulators in Europe, Asia and the U.S. are investigating. The U.S. is conducting a criminal investigation.

OF COURSE THEY ARE, SAME AS THEY DID FOR MFGLOBAL AND GOLDMAN SACHS....

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