Several groups of traders from at least nine institutions are
under investigation by regulators around the world for allegedly banding
together to rig interest rates, people close to the probe said.
The continuing criminal and civil scrutiny includes more
than a dozen traders from at least nine banks, often allegedly working together
in small groups to target different interest rates on separate continents, the
people said.
The emerging details about traders suggest to investigators
a widespread conspiracy that continued for several years and cascaded around
the world. As a result, the banks where the traders worked are under growing
pressure to explain what they knew ...
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