Libor Settlements Said to Ease CFTC’s Path in Rate-Swaps Probe

Libor Settlements Said to Ease CFTC’s Path in Rate-Swaps Probe

Scott Eells/Bloomberg

Barclays Plc, UBS AG and Royal Bank of Scotland Group Plc, the lenders fined in the Libor case, risk criminal prosecution in the U.S. under the settlement agreements if they’re seen as withholding evidence related to potential manipulation of the benchmark known as ISDAfix, according to a person with knowledge of the matter, who asked not to be identified because details of the investigation aren’t public.