SocGen, BofA Among Banks Said to Get Libor Probe Subpoenas
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Societe Generale SA, Royal Bank of Canada, and Bank of America Corp. are among nine additional banks subpoenaed in a multistate investigation of alleged manipulation of Libor, according to a person familiar with the matter.
The subpoenas, issued by New York Attorney General Eric Schneiderman starting in August, bring to 16 the number of banks subpoenaed in the states’ investigation, said the person, who asked not to be identified because there wasn’t authorization to speak publicly.