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U.S. targeting more banks in Libor probe
The Wall Street Journal (online registration required): NEW YORK (MarketWatch) — The U.S. government is targeting between 5 and 10 banks for involvement in interest rate fixing, according to a person familiar with the situation.
The person said the number of banks targeted by investigators will be closer to 5 than 10 and is in addition to the banks already fined. Action is likely to extend throughout the year, the source added.
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