Bank Of America Says Libor Probe Draws U.S. Subpoenas On Submissions

Feds Subpoena Bank Of America Over Libor Scandal
Open Image Modal
View of a Bank of America branch on June 26, 2012 in New York's Times Square. AFP PHOTO/Stan HONDA (Photo credit should read STAN HONDA/AFP/GettyImages)

Bank of America Corp. (BAC), the second- biggest U.S. lender, received formal inquiries from investigators pressing their probe into the possible rigging of a key international lending benchmark.

Our 2024 Coverage Needs You

As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.

Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.

to keep our news free for all.

Support HuffPost