Traders, Brokers Suspended In Libor Probe

09 Feb 2012

Roughly a dozen traders and brokers working at JPMorgan Chase, Royal Bank of Scotland and broker-dealer ICAP in London and Asia have been either terminated, suspended or place on administrative leave in connection with an investigation into alleged collusion to influence the London interbank rate as well as Tibor and Euribor, its Japanese and European equivalents.

Roughly a dozen traders and brokers working at JPMorgan Chase, Royal Bank of Scotland andbroker-dealer ICAP in London and Asia have been either terminated, suspended or place on administrative leave in connection with an investigation into alleged collusion to influence the London interbank rate as well as ...

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