Euribor is the euro-denominated equivalent to Libor, a benchmark for setting rates on hundreds of trillions of dollars of debt, including for credit cards, student loans and mortgages. Barclays has agreed to pay $ 500 m to settle a US anti - trust litigation in which it accused 11 banks of attempting to manipulate the benchmark Euribor and related derivatives ; Barclays is the first of the defendants to settle . The other banks are De Paribas , Shell , Société Agricole , Deutsche Bank , HSBC , JPMorgann , Rabobank , Royal Bank of Scotland , Societe Generale and UBS , along with electronic broker - dealer ICAP .
Barclays has agreed to pay $ 500 m to settle a US anti - trust litigation in which it accused 11 banks of attempting to manipulate the benchmark Euribor and related derivatives ; Barclays is the first of the defendants to settle . The other banks are De Paribas , Shell , Société Agricole , Deutsche Bank , HSBC , JPMorgann , Rabobank , Royal Bank of Scotland , Societe Generale and UBS , along with electronic broker - dealer ICAP .