Libor Probe May Yield U.S. Charges in Weeks; Inquiry Widens
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Libor investigations on both sides of the Atlantic intensified as Barclays Plc traders could face possible U.S. charges by September and British lawmakers may use hearings this week to expand their inquiry to other banks tied to the global financial scandal.
Barclays traders involved in allegedly manipulating Libor rates between 2005 and 2007 may be charged by U.S. prosecutors before the Labor Day holiday on Sept. 3, said a person familiar with the Justice Department investigation in Washington.