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Libor panel chief was forced out

Tensions over committee's role in overhauling key interbank rate led to chairwoman's exit from Intercontinental Exchange unit

Libor panel chief was forced out

The chairwoman of a committee overseeing an interest-rate benchmark at the centre of a global scandal was forced out of her post after a disagreement over greater independence from the company that runs the process, according to people familiar with the matter.

Joanna Perkins, a financial lawyer who has advised regulators, left the committee in July. The company, London-based Ice Benchmark Administration, a unit of Intercontinental Exchange, at the time gave no explanation for the change.

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