Wednesday, February 8, 2012

Privacy Policy | Eldridge Financial Blog | vonndemure | Social Bookmarking .Net

Privacy Policy | Eldridge Financial Blog | vonndemure | Social Bookmarking .Net


Eldridge Financial Blog does not share any user’s personal information with any outside person or company. Eldridge Financial Blog does not collect or retain personal information from users’ browsing the Blog for the purposes of further contacting the user, unless the user provides his/her explicit consent to do so. When submitting personal information (such as an email address) to register for a service (such as Site access), clear notice is given regarding the use of the personal information and what further contact to expect as a consequence. Users always have the choice of opting out of further correspondence.

Privacy Policy - Saeo.net

Privacy Policy - Saeo.net


Eldridge Financial Blog does not share any user’s personal information with any outside person or company. Eldridge Financial Blog does not collect or retain personal information from users’ browsing the Blog for the purposes of further contacting the user, unless the user provides his/her explicit consent to do so. When submitting personal information (such as an email address) to register for a service (such as Site access), clear notice is given regarding the use of the personal information and what further contact to expect as a consequence. Users always have the choice of opting out of further correspondence.

Privacy Policy - Voteforduane.org

Privacy Policy - Voteforduane.org

Eldridge Financial Blog does not share any user’s personal information with any outside person or company. Eldridge Financial Blog does not collect or retain personal information from users’ browsing the Blog for the purposes of further contacting the user, unless the user provides his/her explicit consent to do so. When submitting personal information (such as an email address) to register for a service (such as Site access), clear notice is given regarding the use of the personal information and what further contact to expect as a consequence. Users always have the choice of opting out of further correspondence.

Privacy Policy - The-looser-it-s-me

Privacy Policy - The-looser-it-s-me

Eldridge Financial Blog does not share any user’s personal information with any outside person or company. Eldridge Financial Blog does not collect or retain personal information from users’ browsing the Blog for the purposes of further contacting the user, unless the user provides his/her explicit consent to do so. When submitting personal information (such as an email address) to register for a service (such as Site access), clear notice is given regarding the use of the personal information and what further contact to expect as a consequence. Users always have the choice of opting out of further correspondence.

Eldridge Financial Blog | vonndemure | Social Bookmarking .Net

Eldridge Financial Blog | vonndemure | Social Bookmarking .Net

BERN, SWITZERLAND – Comco, Switzerland’s competition commission, has opened an investigation into more than 10 international banks and companies and the country’s two largest, UBS and Credit Suisse, for possible “collusion between derivative traders [that] might have influenced the reference rates Libor and Tibor. Furthermore, market conditions regarding derivative products based on these reference rates might have been manipulated, too.”

The investigation follows what Comco calls an application to its leniancy programme, or self-denunciation, without providing details of who provided the information. The investigation could take several months. The banks targeted by the investigation include: Bank of Tokyo-Mitsubishi UFJ, Citigroup Inc., Deutsche Bank Aktiengesellschaft, HSBC Holdings plc, JP Morgan Chase & Co., Mizuho Financial Group Inc., Rabobank Groep N.V., Royal Bank of Scotland Group plc, Société Générale SA and Sumitomo Mitsui Banking Corporation.

Eldridge Financial Blog: Swiss investigation into possible bank lending rate fixing is latest in a string - Saeo.net

Eldridge Financial Blog: Swiss investigation into possible bank lending rate fixing is latest in a string - Saeo.net

BERN, SWITZERLAND – Comco, Switzerland’s competition commission, has opened an investigation into more than 10 international banks and companies and the country’s two largest, UBS and Credit Suisse, for possible “collusion between derivative traders [that] might have influenced the reference rates Libor and Tibor. Furthermore, market conditions regarding derivative products based on these reference rates might have been manipulated, too.”

The investigation follows what Comco calls an application to its leniancy programme, or self-denunciation, without providing details of who provided the information. The investigation could take several months. The banks targeted by the investigation include: Bank of Tokyo-Mitsubishi UFJ, Citigroup Inc., Deutsche Bank Aktiengesellschaft, HSBC Holdings plc, JP Morgan Chase & Co., Mizuho Financial Group Inc., Rabobank Groep N.V., Royal Bank of Scotland Group plc, Société Générale SA and Sumitomo Mitsui Banking Corporation.

Eldridge Financial Blog: Swiss investigation into possible bank lending rate fixing is latest in a string - Voteforduane.org

Eldridge Financial Blog: Swiss investigation into possible bank lending rate fixing is latest in a string - Voteforduane.org

BERN, SWITZERLAND – Comco, Switzerland’s competition commission, has opened an investigation into more than 10 international banks and companies and the country’s two largest, UBS and Credit Suisse, for possible “collusion between derivative traders [that] might have influenced the reference rates Libor and Tibor. Furthermore, market conditions regarding derivative products based on these reference rates might have been manipulated, too.”

The investigation follows what Comco calls an application to its leniancy programme, or self-denunciation, without providing details of who provided the information. The investigation could take several months. The banks targeted by the investigation include: Bank of Tokyo-Mitsubishi UFJ, Citigroup Inc., Deutsche Bank Aktiengesellschaft, HSBC Holdings plc, JP Morgan Chase & Co., Mizuho Financial Group Inc., Rabobank Groep N.V., Royal Bank of Scotland Group plc, Société Générale SA and Sumitomo Mitsui Banking Corporation.

Eldridge Financial Blog: Swiss investigation into possible bank lending rate fixing is latest in a string - The-looser-it-s-me

Eldridge Financial Blog: Swiss investigation into possible bank lending rate fixing is latest in a string - The-looser-it-s-me


BERN, SWITZERLAND – Comco, Switzerland’s competition commission, has opened an investigation into more than 10 international banks and companies and the country’s two largest, UBS and Credit Suisse, for possible “collusion between derivative traders [that] might have influenced the reference rates Libor and Tibor. Furthermore, market conditions regarding derivative products based on these reference rates might have been manipulated, too.”

The investigation follows what Comco calls an application to its leniancy programme, or self-denunciation, without providing details of who provided the information. The investigation could take several months. The banks targeted by the investigation include: Bank of Tokyo-Mitsubishi UFJ, Citigroup Inc., Deutsche Bank Aktiengesellschaft, HSBC Holdings plc, JP Morgan Chase & Co., Mizuho Financial Group Inc., Rabobank Groep N.V., Royal Bank of Scotland Group plc, Société Générale SA and Sumitomo Mitsui Banking Corporation.

Eldridge Financial: Privacy Policy

Eldridge Financial: Privacy Policy: http://www.eldridgefinancial-blog.com/privacy-policy/ Eldridge Financial Blog does not share any user’s personal information with any ou...

Privacy Policy

http://www.eldridgefinancial-blog.com/privacy-policy/


Eldridge Financial Blog does not share any user’s personal information with any outside person or company. Eldridge Financial Blog does not collect or retain personal information from users’ browsing the Blog for the purposes of further contacting the user, unless the user provides his/her explicit consent to do so. When submitting personal information (such as an email address) to register for a service (such as Site access), clear notice is given regarding the use of the personal information and what further contact to expect as a consequence. Users always have the choice of opting out of further correspondence.



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Eldridge Financial: Eldridge Financial Blog: Swiss investigation into ...

Eldridge Financial: Eldridge Financial Blog: Swiss investigation into ...: http://www.eldridgefinancial-blog.com/ BERN, SWITZERLAND – Comco, Switzerland’s competition commission, has opened an investigation into ...

Eldridge Financial Blog: Swiss investigation into possible bank lending rate fixing is latest in a string

http://www.eldridgefinancial-blog.com/


BERN, SWITZERLAND – Comco, Switzerland’s competition commission, has opened an investigation into more than 10 international banks and companies and the country’s two largest, UBS and Credit Suisse, for possible “collusion between derivative traders [that] might have influenced the reference rates Libor and Tibor. Furthermore, market conditions regarding derivative products based on these reference rates might have been manipulated, too.”
The investigation follows what Comco calls an application to its leniancy programme, or self-denunciation, without providing details of who provided the information. The investigation could take several months. The banks targeted by the investigation include: Bank of Tokyo-Mitsubishi UFJ, Citigroup Inc., Deutsche Bank Aktiengesellschaft, HSBC Holdings plc, JP Morgan Chase & Co., Mizuho Financial Group Inc., Rabobank Groep N.V., Royal Bank of Scotland Group plc, Société Générale SA and Sumitomo Mitsui Banking Corporation.
Libor, the London interbank lending rate and Tibor, in Japan, are rates set daily based on bank data, which serve as underlying lending rates. The Swiss National Bank defines Libor as:
“The Libor (London Interbank Offered Rate) refers to the interest rate for unsecured money market loans to prime banks. Each bank business day, specific banks report to the British Bankers’ Association (BBA) the interest rate at which they would be able borrow unsecured funds of a reasonable market size on the London interbank market shortly prior to 11 a.m. The relevant top and bottom-quartile interest rates are disregarded when fixing the Libor. An average is calculated on the basis of the remaining interest rates, and the figure obtained in this manner is fixed and published as the Libor for the day in question. Libor rates are fixed in different currencies and with varying maturities.”
The investigation comes three weeks after European Union anti-trust boss Joaquin Almina said the EU is stepping up its efforts to ensure that derivatives markets remain free and competitive. Antoine Colombani, spokesperson for the European Commission is cited by Bloomberg as stating in January that “Last October we carried out unannounced inspections at the premises of a number of undertakings active in the sector of euro interest rate derivatives based on Euribor benchmark rates,” but that it had not opened a formal investigation.
“Regulators in the US, UK and European Union have been examining how Libor is set, while Japan’s securities watchdog has probed Tibor,” according to Bloomberg.