U.K. SFO to Decide Charges in BOE Fraud Probe by Year-End

  • Bank of England probed over 2007 and 2008 liquidity auctions
  • Serious Fraud Office to decide on charges in next few months

U.K. prosecutors investigating possible manipulation of Bank of England liquidity auctions at the height of the financial crisis will decide whether to pursue charges by the end of the year, according to two people with knowledge of the situation.

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