The bank said last month it had set aside one billion euros (US$1.2 billion) to settle both the Libor and Libya disputes. Photo: Reuters

SocGen: France’s second-biggest bank reaches deals to end probes on Libor and Libya bribes

SocGen agreed to pay undisclosed penalties to resolve US investigations that it submitted misleading numbers for the London interbank offered rate and, in a separate case, bribed Libyans to win investment deals

Topic |   Banking & Finance

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The bank said last month it had set aside one billion euros (US$1.2 billion) to settle both the Libor and Libya disputes. Photo: Reuters
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