Neverending story: Why Libor scandal will last for years yet

Complex investigations and delays in trials over index rigging

Endless mirror
Ad infinitum: no end in sight to Libor-related legal and regulatory action

The first recorded attempts by major banks to rig the Libor interbank rate date back nine years, and since then the probe into its manipulation has resulted in a string of leading institutions and brokers on both sides of the Atlantic facing civil and criminal penalties.

With trillions of dollars in securities and loans linked to Libor, it is worth following the outcome of any action against the wrongdoing, yet with each settlement that is reached, the extent of the market abuse only seems to

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