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Charlotte Observer Thursday  May 5, 2016
BofA, other banks pay $324M to resolve rate-rigging claims
Seven banks agreed to settle claims they conspired to rig the ISDAfix benchmark. The benchmark is used in the sale of interest-rate derivatives and other financial instruments. Investors led by an Alaska pension fund brought the allegations. Seven banks including Bank of America, Barclays Bank Plc and Citigroup agreed to pay $324 m...Read More
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