2012-08-15bloomberg.com

``New York Attorney General Eric Schneiderman and Connecticut Attorney General George Jepsen are jointly investigating alleged manipulation of the London interbank offered rate, or Libor, by lenders. RBS, UBS, Lloyds Banking Group Plc and Deutsche Bank are among the lenders regulators in Europe, Asia and the U.S. are investigating.

Confidence in Libor, a benchmark for financial products valued at $360 trillion worldwide, has been dented by Barclays's admission that it submitted false rates. Robert Diamond resigned as Barclays' chief executive officer after the bank was fined 290 million pounds ($454 million). ''


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