Citigroup (C) discloses its practices regarding Libor are being investigated in Singapore. It's...

|About: Citigroup Inc. (C)|By:, SA News Editor

Citigroup (C) discloses its practices regarding Libor are being investigated in Singapore. It's not a total surprise as the Monetary Authority of Singapore in September had ordered - but not publicly named - banks involved in setting the rate to review their practices and report any irregularities. (10-Q)