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Barclays PLC escapes fine for benchmark rigging-Reuters


Tuesday, 3 Dec 2013 07:00pm EST 

Barclays PLC:Will not receive a fine for its part in rigging the EURIBOR benchmark as it revealed the existence of the EURIBOR cartel to the European Commission-Reuters.EU antitrust regulators fined Deutsche Bank, Royal Bank of Scotland, Citigroup, Societe Generale, JPMorgan and RP Martin a record total of 1.71 billion euros ($2.3 billion) on Dec. 4 for rigging financial benchmarks. 

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