Seven Banks Agree to Settle ISDAfix Suit -Reuters
04 May 2016 - 10:49AM
Dow Jones News
Seven major banks have agreed to pay a combined $324 million to
settle a lawsuit alleging illegal activity related to the ISDAfix
rate, Reuters reported Tuesday.
The settlement resolves antitrust claims made by several pension
funds and municipalities, Reuters reported.
Full story at
http://www.reuters.com/article/us-banks-rigging-settlement-idUSKCN0XU2B5
Write to nymonitoring@dowjones.com
(END) Dow Jones Newswires
May 03, 2016 20:34 ET (00:34 GMT)
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