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Banks must face class action over interest rate swaps: US judge

Tuesday, August 1, 2017 - 05:50

New York

A US judge on Friday said investors may pursue part of their nationwide antitrust lawsuit accusing 12 of the world's biggest banks of conspiring to rig the US$275 trillion market for interest rate swaps.

US District Judge Paul Engelmayer in Manhattan said 11 of the banks,

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