HomeEconomyU.S. prosecutors decide to drop Libor case against former Societe Generale banker Economy U.S. prosecutors decide to drop Libor case against former Societe Generale banker By hossam a March 30, 2023 0 69 views Share FacebookTwitterPinterestWhatsApp DBKGn +2.% Add to/from Watchlist Delete from Add to watch list Add location Location successfully added to: Please name your portfolio type: purchase Sell date: quantity: price Point value: Leverage: 1:1 1: 1 : 1: 1: 01 1: 10 1: 1: 17 1: 10 Committee: CREATE NEW WATCH LIST CREATE 22318 Create a new holding portfolio Add Create + add another position to close 942187 DB +3.% 2021 Add/Remove from watchlist Join the watch list Add location Location successfully added to: Please name your holdings type: purchase Sell date: quantity: price point value: Leverage: 1:1 1: 1: 1: 1: 1: 11 1 : 01 1: 17 1: 50 Committee: CREATE NEW WATCHLIST CREATE 942187 2017 Create a new holding portfolio Add to create 22318 + add another position to close 2017 SCGLY +3.% 2011 ADD TO WATCHLIST / Remove from watchlist Add to watch list Add location Location successfully added to: Please name your portfolio type: purchase Sell date: quantity: price Point value: Leverage: 1:1 1: 1: 1: 1: 01 By Jody Godoy (Reuters) – U.S. criminal charges should be dropped on two ex-Société Générale (OTC: 2017SCGLY ) SA bankers are suspected of trying to manipulate LIBOR, prosecutors told a New York court on Wednesday. Muriel Bescond, former head of Societe Generale Paris treasury, and her boss, Danielle Sindzingre, Societe Generale’s global treasurer, are accused of 100 exist50and200. U.S. Attorney Brian Pease is asking a Long Island, New York judge to dismiss No reason was given in the motion in the case. Bescond’s attorney, Laurence Shtasel, said: “She looks forward to relieving this burden and continuing her career.” A spokesman for Peace declined to comment. A spokesman for the Justice Department’s Washington-based fraud unit, which is leading the Libor prosecution, did not immediately respond to a request for comment. Attorneys representing Sindzingre did not respond to similar requests. The move by prosecutors comes after a court ruling undermined several cases accusing traders at the world’s largest financial institutions of manipulating lending benchmarks. It was phased out last year. The United States Court of Appeals for the Second Circuit in Bescond can oppose the French charges, rather than travel to the United States. The same appeals court overturned both convictions 20102010 Deutsche Bank AG (NYSE: DB ) Trader last year with two Rabobank traders based in London at . Erding Deutsche Bank (ETR: 2018DBKGn) Traders who cooperated with prosecutors were overturned by a judge last August, other banks’ Traders are also looking to do the same. Investigation into Libor manipulation has led to banks worldwide was fined about $9 billion. SocGen agreed in June 352 Pay $27 multimillion-dollar fines to settle U.S. criminal and civil Libor rigging charges. This case is United States v. Sindzingre et al., U.S. District Court for the Eastern District of New York, No. -10. 750 Share FacebookTwitterPinterestWhatsApp Previous article'Snowfall' star on character's tragic fate: 'This isn't a fairy tale'Next articleMy Neighbor Totoro returns to London's Barbican in November hossam a RELATED ARTICLES Economy SNB chief hints at rate hikes to tackle inflation June 10, 2023 Economy Musk says Twitter will pay verified creators to respond to ads June 10, 2023 Economy U.S. House Republicans unveil sweeping tax cut package June 9, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS Cardano (ADA) Faces Obstacles In Reaching Key Level In June – Here’s Why June 10, 2023 Udon releases Persona 5: Comic à la Carte Anthology Manga June 10, 2023 Domínguez goes further, hits regular-season career high in RBI June 10, 2023 SNB chief hints at rate hikes to tackle inflation June 10, 2023 Load more Featured NEWS Anthony Bridgerton heads to Oz, Jonathan Bailey joins big screen adaptation of 'Wicked' September 22, 2022 Bengals QB Joe Burrow beats Chiefs' Patrick Mahomes to enter MVP race December 5, 2022 JPMorgan strategist advises investors to sell Bitcoin and cryptocurrencies after Fed takes hawkish stance August 31, 2022 Chainlink Extends Accumulation By 200 Days; Will Bulls Push For A Breakout? November 26, 2022 Load more
