Friday, June 15, 2018

UPDATE 1-Citigroup to pay $100 million to settle U.S. Libor rigging probe

NEW YORK, June 15 (Reuters) - Citigroup Inc agreed to pay $100 million to settle charges by most U.S. states that it defrauded government and nonprofit entities by manipulating Libor, an interest rate benchmark that underlies a wide range of consumer transactions.

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