SocGen agrees to more than $1 billion in fines over Libya, Libor probes

PARIS/NEW YORK (Reuters) – French bank Societe Generale will pay more than $1 billion to resolve criminal and civil charges in the United States and France for bribing Gaddafi-era Libyan officials and manipulating the Libor interest rate benchmark, U.S. authorities said on Monday.


Source: Business

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