UK’s SFO to target Euribor traders

Fresh charges in the UK Libor rigging probe may target traders linked to the benchmark’s euro counterpart, with prosecutors focusing efforts on that strand of the probe in recent weeks.

The UK Serious Fraud Office (SFO) has interviewed a number of former bankers in connection with manipulating the euro interbank offered rate, or Euribor, including a group of ex-Deutsche Bank traders, according to sources, who did not want to be identified because the interviews are private.

The SFO was planning to make charging decisions quickly after the interviews, said one of the people.