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After prison sentence, is it goodbye to Libor ?

Prison Bars

Following the 14-year jail sentence of a former City of London trader convicted of rate-fixing, basing indexes on bank-supplied estimates has had its day, the chief executive of the London Stock Exchange Group told CNBC on Wednesday.

Pimco ETF outflows doubled ahead of SEC warning

EXIT

Investors pulled over $150 million from Pimco's Total Return exchange traded fund in the months leading up to this week's Securities Exchange Commission (SEC) warning of the threat of legal action, new data shows.

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