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British Bankers' Association bows out on Libor

British Bankers' Association bows out on Libor
The British Bankers' Association will no longer have a role in overseeing the setting of Libor.

The interest rate, used by banks, was subject to controversy after it emerged some institutions had been manipulating it for their own gain.

Green Box: British Bankers' Association bows out on LiborClick to open

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