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Analysis

SFO Faces Uphill Climb To Mount 'Lowballing' Libor Cases

By Melissa Lipman (October 27, 2016, 6:43 PM BST) -- The Serious Fraud Office has prosecuted a number of low-level traders for Libor rigging, but so far it hasn't targeted individual bankers involved in submitting artificially low benchmark rates on the eve of the financial crisis. One reason, experts say, is the evidential and political complexity of such so-called lowballing cases....

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