JPMorgan Chase & Co. (JPM), Barclays Plc (BARC) and UBS AG (UBSN) are among seven banks subpoenaed in New York and Connecticut’s investigation into alleged manipulation of Libor, according to a person familiar with the matter and company filings.
Subpoenas were sent in recent weeks to Deutsche Bank, Royal Bank of Scotland Group Plc (RBS), and HSBC Holdings Plc (HSBA) in addition to Barclays and JPMorgan, said the person.Citigroup Inc. (C) and UBS received subpoenas earlier this year as part of the investigation.
New York Attorney General Eric Schneiderman and Connecticut Attorney General George Jepsen are jointly investigating alleged manipulation of the London interbank offered rate, or Libor, by lenders. RBS, UBS, Lloyds Banking Group Plc (LLOY) and Deutsche Bank are among the lenders regulators in Europe, Asia and the U.S. are investigating.
Read More: Bloomberg