News In Brief


Harsh EU fines expected for interbank rate-fixing

04.12.13 @ 08:57


The EU commission on Wednesday is expected to unveil harsh fines for European banks involved in the two interbank interest rate fixing scandals - Libor and Euribor. Deutsche Bank, Societe Generale and Royal Bank of Scotland are expected to be among the banks fined, writes the FT.


EUobserver encourages comments that contribute to an intelligent debate. It reserves the right to delete comments which it deems abusive or which incite hatred. For questions about any aspect of community participation, please write to

View comments