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MercoPress, en Español

Montevideo, November 5th 2024 - 05:40 UTC

Tag: Anthony Allen

  • Friday, November 6th 2015 - 08:57 UTC

    Two British bankers convicted in the US for manipulation of the Libor rate

    The Libor scandal blew up in 2012 when it emerged that banks had been lying in the figures on which Libor was set.

    Two British bankers have been convicted by a New York jury of manipulating inter-bank lending rates. Anthony Allen and Anthony Conti were charged with conspiracy to commit wire and bank fraud and committing wire fraud, by misreporting the London interbank offered rate (Libor) as it related to the US dollar. Both worked for Dutch lender Rabobank.