ISDAfix rate - updates

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ARTICLE FINDER

7 banks to pay $324M to settle suit alleging interest rate manipulation

May 05, 2016 - 12:35 AM

The banks are accused of conspiring to set the daily benchmark rate for interest rate exchange contracts

epa02913523 (FILE) A file photo dated 22 April 2008 showing a view of a Bank of America branch in New York, New York, USA. Bank of America Corporation reported 12 September 2011 it would slash some 30,000 jobs within the coming years. The move is part of a strategy to cut costs and comes after a reorganization of the bank's management last week. Bank of America hopes to be able to save some five billion USD per year. EPA/JUSTIN LANE