Now 16 Banks Subpoenaed in Libor Mess

Bank of America, Credit Suisse drawn into probe

By Matt Cantor,  Newser Staff

Posted Oct 26, 2012 5:02 AM CDT

(Newser) – Add nine more top banks to the list of subpoenas in the Libor scandal: Bank of America, Credit Suisse, Bank of Tokyo Mitsubishi, Lloyds Banking Group, Royal Bank of Canada, Rabobank, Societe Generale, Norinchukin Bank, and West LB were all handed subpoenas in August and September, the Wall Street Journal reports. It's all part of a probe by the attorneys general of Connecticut and New York into reported fixing of interest rates.

In this 2009 file photo, a Bank of America branch office is shown in New York.
In this 2009 file photo, a Bank of America branch office is shown in New York.   (AP Photo/Mark Lennihan, file)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
2%
2%
4%
15%
70%
8%
To report an error on this story, notify our editors.

NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   HitFix   |   PopSugar Tech   |   RealClear   |   24/7 Wall St.   |   CollegeHumor   |   Barstool Sports   |   OK!