EU Calls for Criminal Charges Against Rate-Fixing Bankers ๐Ÿ’ผ

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

EU Calls for Criminal Charges Against Rate-Fixing Bankers ๐Ÿ’ผ
euronews (in English)
11 views โ€ข Jul 25, 2012
EU Calls for Criminal Charges Against Rate-Fixing Bankers ๐Ÿ’ผ

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Rate-fixing bankers should be treated as criminals, the European Commission said on Wednesday.<br />That is the view of the EU's executive amid public anger over the Libor rate scandal. <br /><br />Barclays admits its staff manipulated Libor, a key lending rate between banks, and has paid a 370 million euro fine.<br /><br />...<br />http://www.euronews.net/

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11

Duration

1:30

Published

Jul 25, 2012

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