MORE Banks Subpoenaed Over Libor

MORE Banks Subpoenaed Over Libor
In this Monday, Oct. 14, 2012, shows a Bank of America branch in downtown Miami. Bank of America said Wednesday, Oct. 17, 2012, that it narrowly turned a profit from July through September, good enough to beat Wall Street expectations. The bank earned $340 million in the most recent quarter, which works out to a fraction of a penny per share. Financial analysts expected an 11-cent loss, according to a poll by FactSet, a data provider. (AP Photo/Lynne Sladky)
In this Monday, Oct. 14, 2012, shows a Bank of America branch in downtown Miami. Bank of America said Wednesday, Oct. 17, 2012, that it narrowly turned a profit from July through September, good enough to beat Wall Street expectations. The bank earned $340 million in the most recent quarter, which works out to a fraction of a penny per share. Financial analysts expected an 11-cent loss, according to a poll by FactSet, a data provider. (AP Photo/Lynne Sladky)

Nine more banks have received subpoenas in connection with a probe into alleged widespread interest-rate manipulation by banks, a person familiar with the investigation said.

The probe, a joint effort by the offices of New York Attorney General Eric Schneiderman and Connecticut Attorney General George Jepsen, could lead to civil enforcement action related to breaches of antitrust and fraud laws.

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