You are here

Bank of England's role in rigging money market auctions under probe

A criminal investigation will cast a heavy shadow over the central bank, whose governor has sought to make transparency and reform a priority.


THE Serious Fraud Office, the British agency that investigates and prosecutes fraud and corruption, is investigating whether the Bank of England played any role in rigging money market auctions during the financial crisis in 2007 and 2008.

Both institutions confirmed the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to