Breaking: Nine more banks were subpoenaed in connection with a probe into alleged LIBOR interest-rate manipulation

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Nine more banks were subpoenaed in connection with a probe into alleged LIBOR manipulation

Nine more banks were subpoenaed in connection with a probe into alleged LIBOR manipulation

LOL…guess US Attorney Bharara was taking up all the attention with his false claim law suit against Bank of America.

Bloomberg-

Royal Bank of Canada, Societe Generale SA (GLE) and Bank of America Corp. are among nine additional banks that were subpoenaed in New York and Connecticut’s probe of alleged manipulation of Libor, a person familiar with the matter said.

The subpoenas, issued by New York Attorney General Eric Schneiderman starting in August, bring to 16 the total number of banks that have been subpoenaed in the states’ investigation, said the person, who asked not to be named because there wasn’t authorization to speak publicly.

[BLOOMBERG]

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