2012-07-08rawstory.com

The harsh light of the LIBOR rate-fixing scandal has crossed the Atlantic, with both Citigroup and JPMorgan Chase saying regulators and investigators have requested information from them in a so-far preliminary probe of the case.

Share prices for both -- as well as Bank of America, which has not said if it was asked for information -- have fallen sharply this week amid worries they could be in line for the type of heavy fines laid on Britain's Barclays Bank, at the center of the scandal.



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