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Seven big banks settle U.S. rate-rigging lawsuit for $324 million
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
NEW YORK (Reuters) – Seven of the world’s biggest banks have agreed to pay $ 324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $ 553 trillion derivatives market.
Reuters: Business News
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