Next wave of UK Libor charges seen targeting Euribor traders

London

FRESH charges in the UK Libor rigging investigation may target traders linked to the benchmark's euro counterpart, with prosecutors focusing efforts on that strand of the probe in recent weeks.

The UK Serious Fraud Office (SFO) has interviewed a number of former bankers in connection with manipulating the euro interbank offered rate, or Euribor, including a group of ex- Deutsche Bank AG traders, according to people with knowledge of the situation, who didn't want to be identified because the interviews are private. The SFO was planning to make charging decisions quickly after the interviews, said one of the people.