World Economy

Rate-Rigging Probe

Rate-Rigging ProbeRate-Rigging Probe

Britain’s Serious Fraud Office is calling former traders of Barclays and Deutsche Bank for interviews as part of its investigation into whether the EURIBOR benchmark interest rate was rigged, Sputnik reported. With the help of special government funding, the Office is examining if the euro interbank offered rate, x, was manipulated for individual trading benefit, it said. UK regulators are also investigating traders from other banks.