LIBOR Litigation Could Pose Rating Risks

Regulatory fines against banks for allegedly manipulating the London Interbank Offered Rate would likely be absorbed by the affected institutions, but losses from costly litigation could have negative implications for their ratings, according to Moody’s Investors Service.

  • 13 Nov 2012

Regulatory fines against banks for allegedly manipulating the London Interbank Offered Rate would likely be absorbed by the affected institutions, but losses from costly litigation could have negative implications for their ratings, according to Moody’s Investors Service.

Click here to read the release from Moody’s.

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1 BNP Paribas 14,443 29 18.07
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3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

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