Wednesday, May 25, 2016

Citigroup to pay $425 million over attempted benchmark manipulation

WASHINGTON (Reuters) - Citigroup and its affiliates have agreed to pay a collective $425 million to resolve civil charges the bank attempted to manipulate several key benchmarks, including the U.S. dollar ISDAFIX, the Yen Libor and the Euroyen TIBOR, the Commodity Futures Trading Commission said.

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