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SFO makes first charges for EURIBOR manipulation

Posted at November 14, 2015 | Categories : News

The Serious Fraud Office (SFO) has issued its first criminal proceedings against 10 bankers accused of manipulating the Euro Interbank Offered Rate (EURIBOR).

Six individuals from Deutsche Bank and four from Barclays are charged with conspiracy to defraud in connection with the SFO’s ongoing investigation – the defendants will make their first appearance at Westminster Magistrates’ Court on 11th January 2016. The investigation continues with further criminal proceedings expected.