A U.S. appeals court on Monday revived private antitrust litigation accusing major banks of conspiring to manipulate the Libor benchmark interest rate, in a big setback for their defence against investors' claims of market-rigging. The 2nd U.S. Circuit Court of Appeals in Manhattan reversed a lower court judge's dismissal of investors' antitrust claims against 16 banks, including Deutsche Bank AG (DBKGn.DE), UBS AG (UBSG.S), Bank of America Corp (BAC.N) and JPMorgan Chase & Co (JPM.N) because she found no showing of anticompetitive harm.
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