Danish Banks Said To Violate Competition Rules

21 Aug 2012

Denmark’s Nationalbank says Danish banks that provide quotes for the Cibor, the Copenhagen interbank offered rate, may have violated competition rules that have resulted in the Cibor rising higher than similar rates in Europe since the start of the crisis.

Denmark’s Nationalbank says Danish banks that provide quotes for the Cibor, the Copenhagen interbank offered rate, may have violated competition rules that have resulted in the Cibor rising higher than similar rates in Europe since the start of the crisis. The central bank stopped administering the rate last ...

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