Banks Drop Off IsdaFix Panel Amid Rate-Rigging Probes

... and losing the confidence of the market, said Owen Watkins, a former regulator at the U.K.'s Financial Services Authority. Banks across the industry are "concerned about the regulatory scrutiny and they don't see any upside," said Watkins, who's now ...

http://www.bloomberg.com/news/2013-04-14/banks-drop-off-isdafix-panel-amid-rate-rigging-probes.html