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Italian Police Raid Barclays Over Rate-Fixing
« Jul 31, 2012    08:46:48 AM »

Italian police have taken documents from a Barclays office in Milan as part of a probe into possible Euribor rate manipulation, according to Reuters.

It said the raid occurred as regulators investigated fixing fears of the eurozone equivalent of the scandal-hit, London-based Libor inter-bank lending rate.

The search was ordered by prosecutors in the southern city of Trani, who have opened a criminal probe into the possible manipulation of the Euribor rate.


 Source: Italian Police Raid Barclays Over Rate-Fixing

   
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