U.S., UK likely to charge multiple banks in Libor rigging -WSJ
WASHINGTON, Feb 12 (Reuters) - American and British regulators are likely to charge several banks including Citigroup (NYSE: C - news) , the third-largest U.S (Other OTC: UBGXF - news) . bank, and London-based HSBC Holdings, in an interest-rigging probe, the Wall Street Journal reported on Friday.
The U.S. Commodity Futures Trading Commission and the U.K. Financial Conduct Authority were preparing a final round of civil charges against the bank for rate manipulation in the Libor scandal, the newspaper reported, citing people close to the investigation. (Reporting by Doina Chiacu; Editing by Eric Walsh)