NY, Connecticut Attorneys General Demand Libor Information from Citi
NY, Connecticut Attorneys General Demand Libor Information from Citi.
Citigroup Inc. (C) disclosed law-enforcement agencies are demanding more information about the bank’s involvement in setting Libor interest rates.
The bank said in its quarterly earnings filing 10-Q with the Securities & Exchange Commission Friday it received requests for information and documents from various U.S. and non-U.S. governmental agencies, including the offices of the New York and Connecticut attorneys general, tied to investigations into how banks set various interbank offered rates.
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