Banks May Seek Quick End to EU’s Libor Probe, Almunia Says
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Banks under investigation as part of the European Union probe into the manipulation of benchmark interest rates, including Libor, may favor a speedy decision from regulators, the EU’s top antitrust regulator said.
“I tend to think that the parties involved are also interested in a quick decision,” EU Competition Commissioner Joaquin Almunia told reporters in Berlin today.