January 30, 2013 BY Gerald Segal

ICAP under investigation by FSA for Libor setting

ICAP being investigated for possible role in helping banks in their efforts to rig interest rates. Interbroker dealer ICAP, which also operates EBS, one of the leading Forex ECNs, acknowledged that it has been asked to provide information to regulators regarding the setting of Libor, and that one of its subsidiaries is the subject of an…

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