Thu September 26, 2013
DOJ: 3 Brokers At ICAP Manipulated Libor Rate
Originally published on Thu September 26, 2013 3:31 am
Three former employees at the London-based brokerage have been charged by the Justice Department with participating in a criminal scheme to rig an interest rate that anchors the world's financial system. It's alleged that the three brokers from ICAP colluded with a trader at Swiss bank UBS.