Italian police raid Barclays’ Milan office

by The Compliance Exchange on August 1, 2012

Italian police raid Barclays' Milan officeItalian investigators have seized documents from the Milan offices of Barclays as the bank was raided in connection with allegations it was involved in rigging Euribor borrowing rates.

Police took away “numerous documents, computer information and emails” from the bank’s office, according to a statement from the authorities, who are investigating whether Barclays manipulated Euribor “just as it did with Libor”.

Read Full Article At TheTelegraph

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