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Manipulation flourished for years, even after bank supervisors were notified.
Number of currencies and maturities could be limited by early 2013.
UK Treasury review may suggest that bankers submitting estimates be overseen by the FSA.
British Bankers Association says it will go along with UK regulator's decision.
Banks traders, managers routinely sought to influence Libor submissions.
Authorities consider stripping bankers group of its role regarding benchmark rate.