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Libor Traders Said to Avoid Charges in UK Probe

Traders suspected of manipulating the London interbank offered rate, or Libor, are unlikely to face criminal charges in a U.K. regulatory probe, Bloomberg News reported Wednesday, citing people with knowledge of the matter. The banks that employed the traders, however, could face record fines, according to the report. Royal Bank of Scotland Group PLC (RBS.LN), UBS AG (UBS), Deutsche Bank AG (DBK.XE), and Citigroup Inc. (C) are among the institutions being investigated by regulators worldwide. U.S. Securities and Exchange Commission and Commodities Futures Trade Commission officials have been present at some interviews the U.K. Financial Services Authority are holding with traders, Bloomberg reported, citing sources. Spokesmen for the FSA, CFTC and SEC declined to comment, Bloomberg reported. Full story at http://www.bloomberg.com/news/2012-06-13/libor-traders-said-to-avoid-charges-in-british-probe.html Write to [email protected]

Stock News for Citigroup (C)
DateTimeHeadline
01/23/201715:49:00Citigroup Units Settle CFPB Mortgage Servicing Claims for $28.8...
01/23/201714:58:41Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/23/201714:21:08Amended Statement of Ownership (sc 13g/a)
01/23/201711:13:23Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/20/201713:00:47Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/20/201711:46:35Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/19/201711:18:47Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/19/201703:02:00Bank Earnings Rise on Trading Revival -- WSJ
01/18/201718:20:00Wall Street Gets Back Its Groove
01/18/201715:19:21Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/18/201715:13:00Citigroup Reports Higher Earnings on Trading Surge -- 5th Update
01/18/201711:20:00Citigroup Reports Higher Earnings, Lower Revenue -- 4th Update
01/18/201710:31:00Citigroup Reports Higher Earnings, Lower Revenue -- 3rd Update
01/18/201709:26:00Citigroup Reports Higher Earnings, Lower Revenue -- 2nd Update
01/18/201709:17:56Current Report Filing (8-k)
01/18/201708:46:00Citigroup Reports Higher Earnings, Lower Revenue -- Update
01/18/201708:33:00Citigroup Reports Higher Earnings, Lower Revenue
01/18/201707:59:00Citigroup Reports Fourth Quarter 2016 Earnings Per Share of $1.14
01/17/201717:08:32Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
01/17/201716:17:55Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)

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