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Harsh EU fines expected for interbank rate-fixing

04.12.13 @ 08:57

  1. By EUOBSERVER

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.

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