Libor Probe Expands to Bank Traders

Groups From at Least Nine Institutions Allegedly Banded Together to Rig Key Global Interest Rates

Several groups of traders are under investigation by regulators around the world for allegedly banding together to rig interest rates, people close to the probe said.

The continuing criminal and civil scrutiny includes more than a dozen traders from at least nine banks, often allegedly working together in small groups to target different interest rates on separate continents, the people said.

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