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

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Published Thu, Mar 5, 2015 · 09:50 PM

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    London

    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 inquiry on Wednesday night.

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