Friday, September 1, 2017
Volume:
33
Issue:
9
Abstract:
On August 26, 2017, the acting United States Attorney Bridget Rohde of the Eastern District of New York announced the indictment of two French bank managers for participating in a scheme to transmit false and misleading information concerning the London Interbank Offered Rate (LIBOR), a global benchmark interest rate to which trillions of dollars of financial transactions are tied.