British banks embroiled in criminal investigation

Britain’s biggest banks were tonight embroiled in a criminal investigation after the Serious Fraud Office opened an official inquiry into the rate-rigging affair.

British banks embroiled in criminal investigation

Britain’s biggest banks were tonight embroiled in a criminal investigation after the Serious Fraud Office opened an official inquiry into the rate-rigging affair.

At the end of an explosive week of high-profile scalpings and fierce political debate, Serious Fraud Office (SFO) director David Green QC formally set his department’s sights on the banking scandal.

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