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UK charges former Icap brokers over Libor

Serious fraud office alleges three former employees conspired to defraud

British prosecutors said Friday that they are filing criminal fraud charges against three former Icap brokers for their alleged roles manipulating the London interbank offered rate, or Libor.

The UK's Serious Fraud Office has now said it is charging nine individuals with crimes in the Libor-manipulation scandal, the country's largest cluster of financial-crime prosecutions in recent memory. A total of 13 individuals have been charged internationally, some in multiple countries.

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