BTMU suspends two London traders amid Libor probe
TOKYO, July 10 |
TOKYO, July 10 (Reuters) - Bank of Tokyo-Mitsubishi UFJ said on Tuesday the bank has ordered two London-based traders to stay home amid growing investigation into the rigging of Libor.
"BTMU is fully cooperating with authorities' Libor investigation. The stay-home instruction on the two has nothing to do with their work at BTMU," a bank spokesman in Tokyo said. He declined to comment further.
BTMU is a core commercial banking unit of Mitsubishi UFJ Financial Group, Japan's largest lender.
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