U.K. Prosecutors Said to Plan New Libor Charges This Year
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The U.K. Serious Fraud Office is readying more criminal charges this year against traders in its Libor-manipulation probe, according to people with knowledge of the matter.
The charges will cover the rigging of several London interbank offered rate benchmarks, said one of the people, who asked not to be identified because the discussions are private. Libor rates are set daily for five currencies: dollar, sterling, euro, yen and Swiss franc.