LONDON xx (Reuters) - Britain's Lloyds Banking Group has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal.
The settlement is the seventh joint penalty handed out by U.S. and British regulators in connection with the attempted manipulation of the London interbank offered rate, or Libor, and other similar benchmarks, which are used to price around 450 trillion dollars of financial products worldwide.
Lloyds' settlement follows British rivals Barclays
($1 = 0.5884 British Pounds)
(Reporting by Matt Scuffham; Editing by Huw Jones)
Relacionados
- Lloyds Banking Group recortará 645 empleos
- Economía/Finanzas.- Lloyds Banking Group recortará 645 empleos
- El Gobierno británico vende el 7,78% de Lloyds Banking Group por 5.000 millones
- Economía/Finanzas.- El Gobierno británico vende el 7,78% de Lloyds Banking Group por 5.000 millones
- Banco Sabadell culmina con éxito las integraciones de Lloyds Banking Group España y Banco Gallego