August 24, 2017 / 8:05 PM / a year ago

U.S. indicts former Societe Generale bank managers over Libor scheme

WASHINGTON, Aug 24 (Reuters) - The U.S. Justice Department said it had indicted on Thursday two former managers at French bank Societe Generale for their roles in a scheme to manipulate the global Libor benchmark interest rate.

The department said in a statement it had charged Danielle Sindzingre, 54, the bank's former global head of treasury, and Muriel Bescond, 49, its former head of treasury in Paris, in the Eastern District of New York with conspiring to transmit false reports concerning market information that tends to affect a commodity and four counts of transmitting such false reports. (Reporting by Eric Walsh; Editing by Tim Ahmann)

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