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Fannie Mae sues 9 giant banks over Libor losses

Last Updated: Friday, November 01, 2013, 11:54

Fannie Mae Thursday sued nine giant banks plus the British Bankers Association over some USD 800 million in losses due to alleged rate-rigging manipulation in the latest fallout from the Libor scandal.

Dutch Rabobank fined 774 mn euros over Libor scandal

Last Updated: Tuesday, October 29, 2013, 19:24

"The Financial Conduct Authority has fined Rabobank for serious, prolonged and widespread misconduct" relating to Libor, Britain`s FCA said, echoing ruling from US and Dutch authorities.

Libor Scandal: RBS fined $612 million

Last Updated: Thursday, February 07, 2013, 11:04

RBS has been penalised to settle allegations it manipulated benchmark interest rates.

Three major European banks seen involved in Libor rigging

Last Updated: Saturday, July 28, 2012, 18:39

Groups of traders working in three major European banks were found involved in rigging global benchmark interest rates, a report said on Saturday.

Four European banking major under libor scandal probe: Report

Last Updated: Thursday, July 19, 2012, 14:34

Regulators are investigating four of Europe's biggest banks -- Credit Agricole, HSBC, Deutsche Bank and Societe Generale -- over the attempted manipulation of global benchmark interest rates, says a media report.