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(Image from article: "EU regulators raid banks in interest-rate probe: report")

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Spain's ruling party to probe alleged corruption

Spain's governing Popular Party announced Saturday that it will investigate the financial activities of a former treasurer whom a court said had amassed an unexplained €22 million ($29 million) in Swiss bank accounts.

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EU regulators raid banks in interest-rate probe: report

The European Commission seized documents from several major banks on Tuesday, marking the intensification of a world-wide law-enforcement probe into how key interest rates are set, the Wall Street Journal said, citing people familiar with the situation.

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