Bloomberg News

EU Says Libor Antitrust Probe Concerns Interest-Rate Derivatives

February 17, 2012

Feb. 17 (Bloomberg) -- The European Commission confirmed that it is probing companies involved in derivatives based on the London interbank offered rate, or Libor.

Antoine Colombani, a spokesman for the European Union’s antitrust regulator, said that the probe involves “Libor-based interest-rate derivatives for several currencies.” He was speaking by phone from Brussels.

To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net

To contact the editor responsible for this story: Peter Chapman at pchapman10@bloomberg.net


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