And Reuters reports that some of those traders, including one who used to work at Barclays Plc in New York, still have senior positions on trading desks.
Until now, most of the attention has involved traders at Barclays, which last month reached a $453m settlement with U.S. and UK authorities for its role in the manipulation of rates. Now, it is becoming clear that traders from at least two other banks - UK-based Royal Bank of Scotland Group and Switzerland's UBS - played a central role.
Hit the link below to access the complete Reuters article:
At least three banks seen central to Libor rigging
In the meantime, the news agency also reports that the UK Government is expected to spell out on Monday the scope of a root and branch reform of Libor, in a widening scandal that has damaged London's standing as a finance centre.
The UK Treasury is set to announce the remit for a review of the rate at which banks are willing to lend to one other that is being carried out by Martin Wheatley, a top official at the UK's Financial Services Authority regulator.
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