Ex-Citigroup trader called Libor arrestee

Posted: December 12, 2012 at 4:20 a.m.

A former Citigroup trader is one of three people held in the first British arrests as part of global probes into tampering with the London interbank offered rate, according to two people familiar with the matter.

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Business, Pages 25 on 12/12/2012


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Delta-Virgin Atlantic forming joint venture t...

Virgin Group founder and Chairman Sir Richard Branson speaks via a videoconference link Tuesday as Delta Air Lines announced it will buy nearly half of Virgin Atlantic Airways to give it a bigger stake in the New York-to-London air-travel market.

Delta Air Lines said it will buy almost half of Virgin Atlantic for $360 million as it tries to catch up to ri... Read »

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Fed redo on bonds expected by today

Federal Reserve Chairman Ben Bernanke (right) attends an event in Richmond, Va., with Jeffrey Lacker, president of the Federal Reserve of Richmond in 2010.

The Federal Reserve is expected to announce a revamped bond-buying plan today to maintain its ongoing efforts ... Read »