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| Share Price: 321.45 | Bid: 321.30 | Ask: 321.45 | Change: -12.40 (-3.71%) |  | ||||||
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UK fraud buster mulls charges in Libor scandal
Mon, 2nd Jul 2012 13:55
LONDON, July 2 (Reuters) - Britain's Serious Fraud Office said on Monday it will decide within
'Now that the investigation into the issue of regulatory misbehaviour has concluded, the SFO are considering whether it is both appropriate and possible to bring criminal prosecutions,' the SFO said in a statement.
'The issues are complex and the assessment of the evidence the Financial Services Authority has gathered will take a short time, but we hope to come to a conclusion within a month,' the SFO added.
(Reporting by Huw Jones, Editing by Myles Neligan.) Keywords: SFO LIBOR/
(huw.jones@thomsonreuters.com; +44 207 542 3326; Reuters Messaging: huw.jones.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
LONDON, July 2 (Reuters) - Britain's Serious Fraud Office said on Monday it will decide within
a month whether it will press criminal charges linked to the Libor interest rate rigging scandal which has already seen a record fine for Barclays bank .
'Now that the investigation into the issue of regulatory misbehaviour has concluded, the SFO are considering whether it is both appropriate and possible to bring criminal prosecutions,' the SFO said in a statement.
'The issues are complex and the assessment of the evidence the Financial Services Authority has gathered will take a short time, but we hope to come to a conclusion within a month,' the SFO added.
(Reporting by Huw Jones, Editing by Myles Neligan.) Keywords: SFO LIBOR/
(huw.jones@thomsonreuters.com; +44 207 542 3326; Reuters Messaging: huw.jones.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2012. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
RPT-Fitch withdraws Interstar 2006-2G's Class A1 notes 'F1sf' rating
May 23 (Reuters) - (The following statement was released by the rating agency)Fitch Ratings has affirmed and withdrawn Interstar Millennium Series 200[4 Hours Ago]
UPDATE 1-Morgan Stanley fixed-income head deRegt retires
May 22 (Reuters) - Morgan Stanley's head of fixed income, Ken deRegt, is retiring from the firm, according to internal bank memos obtained by Reuters,[Yesterday 23:47]
CORRECTED-Alinta plans $1 bln term loan B debt raising in US - sources
(Corrects in paragraph 11 to show that Pact Group is controlled by Raphael Geminder; it is not owned by New Zealand tycoon Graham Hart)SYDNEY, May 22[Yesterday 22:17]
Building products maker CPG hires banks for $1.5 bln sale-sources
By Soyoung KimNEW YORK, May 22 (Reuters) - Building products maker CPG International is being prepared for a sale by its private equity owner, a deal[Yesterday 22:01]
UPDATE 4-State-backed UK banks gain approval for capital plans
* Regulator finalises capital requirements for RBS, Lloyds* RBS, Lloyds say will not need to issue new equity* Lloyds to raise 500 mln stg from St.Jam[Yesterday 17:07]
Update-Moody's ABCP rating actions ending May 20, 2013
ABCP programs[Yesterday 13:11]
Russian banker has his eye on Europe
* Igor Kim has bought up Russian units of foreign banks* Expobank is already present in Latvia* Now focused on corporate lending but is open to new id[Yesterday 06:32]
Kazakh bank BTA to sell fugitive ex-chairman's luxury UK homes
By Kirstin RidleyLONDON, May 21 (Reuters) - Creditors in a Kazakh bank are poised to see the first proceeds from a four-year court battle against its[Tue 16:01]
