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Italy prosecutors in Trani probing five foreign banks - sources
February 4, 2013 / 3:16 PM / in 5 years

Italy prosecutors in Trani probing five foreign banks - sources

BARI, Feb 4 (Reuters) - Italian prosecutors in the town of Trani are investigating five foreign banks for possible manipulation of Euribor, the euro-priced counterpart of scandal-hit Libor bank-to-bank lending rates, court sources said on Monday.

The banks are Deutsche Bank, Barclays, Royal Bank of Scotland, HSBC and Societe Generale , the court sources said.

The probe was opened in July after complaints from consumer groups.

It was not immediately possible to reach the banks for comment.

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