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Europe Fines Banks $2.3 Billion For Fixing Rates

Thursday, December 5, 2013 - 5:57 PM
The European Union has fined eight banks, including behemoths like Deutsche Bank and Royal Bank of Scotland, a total of 1.7 billion euros ($2.3 billion) for their part in an interest rate rigging scandal that rocked the financial world last year.

LIBOR: Europe Fines Banks $2.3 Billion for Fixing Rates | TIME.com
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