ICAP Puts Another Libor-Linked Staffer On Leave

Interdealer-broker ICAP has placed a third employee on administrative leave after finding the staffer was allegedly involved in manipulating the London interbank offered rate.

  • 07 Feb 2013

Interdealer-broker ICAP has placed a third employee on administrative leave after finding the staffer was allegedly involved in manipulating the London interbank offered rate. ICAP has also suspended one employee in connection with the U.K. government’s probe of ICAP over Libor.

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