EU Calls for Criminal Charges Against Rate-Fixing Bankers 💼

The European Commission urges authorities to prosecute bankers involved in rate-fixing scandals, citing public outrage and the need for accountability.

euronews (in English)11 views1:30

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Rate-fixing bankers should be treated as criminals, the European Commission said on Wednesday.
That is the view of the EU's executive amid public anger over the Libor rate scandal.

Barclays admits its staff manipulated Libor, a key lending rate between banks, and has paid a 370 million euro fine.

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http://www.euronews.net/

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11

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Duration
1:30

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Published
Jul 25, 2012

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