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13 Banks Including UBS, BNP Paribas, Bank of America, Barclays to Pay $91 Million for Singapore Interest Rates Rigging Conspiracy
3rd June 2022 | Singapore
13 banks including UBS, BNP Paribas, Bank of America and Barclays have agreed to pay $91 million in an investor class action settlement (New York, United States federal court) for Singapore interest rate rigging conspiracy. 6 defendants who have already agreed to pay the settlement of $64 million are Credit Suisse, Deutsche Bank, HSBC, ING, Citibank & JP Morgan. Both settlements bring the total number of banks involved to 19, and the total settlement of $155 million.
“ 13 Banks Including UBS, BNP Paribas, Bank of America, Barclays to Pay $91 Million for Singapore Interest Rates Rigging Conspiracy “
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