Banks who submit quotes for compiling Libor interest rates will have to follow a manual of instructions to avoid a repeat of the rigging seen in the past, the benchmark's new administrator said on Monday.
London Interbank Offered Rate
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Presented evidence on another case is being used as evidence to prove Barclays' hand in the recent LIbOR rigging scandal.
Co-CEO Anshu Jain of Deutsche Bank said investigations of wrongdoing further eroding public trust in financial markets.
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