Prosecutors raid NIS in evidence forgery probe  EU fines six
banks record 1.7 bn euros for rate fixing  EU fines six banks
record 1.7 bn euros for rate fixing  kh close   Published :
2013-12-04 21:44 Updated : 2013-12-04 21:44  (AFP) -- The
European Union fined six finance groups a record 1.7 billion
euros ($2.3 billion) on Wednesday for rigging the Euribor and
Japanese yen Tibor interest rates.  German Deutsche Bank,
involved in rigging both rates, was fined a total of 725 million
euros, and French Societe Generale was fined 446 million euros
for manipulating the European Euribor rate.  British bank RBS,
already mired in controversy, was fined 391 million euros for
involvement in cartels which rigged both rates.  The European
Commission's anti-trust authorities had never previously imposed
such big fines overall, Competition Commissioner Joaquin Almunia
told a press conference.  In total, four financial institutions
were involved in a cartel which rigged the Euribor rate and six
in a cartel which manipulated