EU imposes €6.45 million fine on ICAP for yen cartel LeapRate

May 28, 2021 BY Steffy Bogdanova

EU imposes €6.45 million fine on ICAP for yen cartel

The EU competition enforcer said in a statement: Today’s decision, correcting the procedural error and including a detailed reasoning on the fine calculation, imposes fines on the three entities of ICAP having participated in the five infringements at the time. The ruling from 2015 accused ICAP of Libor rigging the yen in several cartels with…

July 30, 2015 BY Maria Nikolova

FCA bans another ex-Rabobank trader over LIBOR fraud

Lee Stewart is banned from the UK financial services industry for manipulating LIBOR.

May 13, 2015 BY Mike Fox

UBS's Justice Department prosecution protection for LIBOR ripped up - future in US in jeopardy?

"If the DoJ does tear up the UBS agreement, it would mark the first time it has brought criminal charges against a bank that breached the terms of an NPA." - Financial Times

March 19, 2015 BY Andrew Saks-McLeod

Former Rabobank trader Paul Robson banned from industry for attempted LIBOR rigging

Paul Robson faces sentencing in 2017 for rigging LIBOR, representing the first trader to face a ban, which could be followed up with a criminal conviction in the UK, along the same lines as the one already on his record in the US

Tag: LIBOR rigging