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Supreme Court rejects banks’ bid to quash rate-rigging suits


The Supreme Court scuttled Wall Street’s last chance to derail a flurry of class-action lawsuits against banks over the rigging of one of the world economy’s most pivotal interest rates. The high court let stand a New York appeals court ruling saying that 16 banks, including Bank of America, JPMorgan Chase and Citigroup, had manipulated...
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Source: New York Post


16:09, January 17, 2017 Kevin Dugan

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