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Traders Probed for Libor Collusion

Employees of Deutsche, HSBC, Societe Generale said to be under investigation.

By Lindsay Fortado and Joshua Gallu, Bloomberg | Updated on July 19, 2012

Traders at Deutsche Bank AG, HSBC Holdings Plc, Societe Generale SA and Credit Agricole SA are under investigation for interest-rate manipulation in a global probe that led to a record fine for Barclays Plc last month, a person with knowledge of the matter said.

Regulators are examining the possible roles of Michael Zrihen at Credit Agricole, Didier Sander at HSBC and Christian Bittar at Deutsche Bank, said the person, who asked not to be identified because the probe is continuing. Investigators are focusing on their links to Philippe Moryoussef, an ex-trader at Barclays Plc, which was fined $451 million for rigging the euro and London interbank offered rates, the person said.

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