Archive for December, 2013

EU fines first U.S. banks in rate rigging scandal

December 4, 2013

The following article is brought to you by Danielle Douglas at WashingtonPost.Com JPMorgan Chase and Citigroup have become the first U.S. banks fined for the alleged manipulation of benchmark interest rates that affect hundreds of billions of dollars in contracts around the world. On Wednesday, the European Commission slapped six financial giants, including Deutsche Bank, […]

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