EU widens lending benchmark investigation to Swiss franc

PARIS (Reuters) - The European Union's antitrust regulator has widened its investigation of suspected unfair fixing of lending benchmarks such as Euribor and Libor to interest rate products for the Swiss franc. Following a recent fine for RBS by U.S. authorities, Joaquin Almunia said the European Commission's enquiries were focused on a number of cases of suspected price manipulation. "We suspect the existence of cartels between certain actors in the market for derivative products - banks, but also brokers," he said. ...