January 3, 2014 / 10:37 PM / 4 years ago

Canada Competition Bureau drops yen Libor probe

TORONTO, Jan 3 (Reuters) - Canada's Competition Bureau said on Friday it is abandoning a three-year probe into whether global banks colluded to rig the setting of Japanese yen London Interbank Offered Rates (Libor).

"The investigation is being discontinued because the evidence collected was insufficient to justify prosecution," the watchdog said in a statement.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below