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Credit Suisse says cooperating with Libor probes
March 23, 2012 / 6:45 AM / 6 years ago

Credit Suisse says cooperating with Libor probes

ZURICH (Reuters) - Credit Suisse CSGN.VX is cooperating with a wide-ranging probe into whether some investment banks manipulated Libor, a global benchmark interest rate, the Swiss bank disclosed in its annual report released Friday.

The logo of Swiss bank Credit Suisse is seen at the company's headquarters in Zurich February 9, 2012. REUTERS/Arnd Wiegmann

“Credit Suisse is cooperating fully with these investigations,” the bank said in its first mention of the matter to shareholders.

Credit Suisse is not a panel bank for Yen Libor, Yen Tibor or Euroyen Tibor, it said.

Reporting By Katharina Bart

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