On November 13, 2015, the Serious Fraud Office issued criminal proceedings against six Deutsche Bank and four Barclays Bank employees for conspiracy to defraud by manipulating the Euro Interbank Offered Rate, known as EURIBOR. These are the first criminal proceedings issued in connection with the SFO's investigation into the manipulation of EURIBOR. The defendants are expected to appear in court on January 11, 2016.
The press release is available at: http://www.sfo.gov.uk/press-room/latest-press-releases/press-releases-2015/sfo-charges-first-individuals-with-euribor-manipulation.aspx.
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