-
Big banks win dismissal of Libor-rigging litigation in New York
A federal judge on Thursday dismissed "all remaining claims" in a slew of antitrust litigation accusing large banks of conspiring to rig Libor, an interest rate benchmark that once underpinned hundreds of trillions of dollars of transactions, at investors' expense. In a 273-page decision, U.S. District Judge Naomi Reice Buchwald said that despite 14 years of litigation, investors lacked sufficient evidence to prove they were defrauded in a "multi-year, sixteen-bank conspiracy" to suppress Libor and conceal that suppression. "The evidence they cite does not tend to exclude the possibility that the alleged conspirators ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From coinnews.net | Sep 25, 2025
Three new products launch today at noon ET from the United States Mint, all showcasing one of the most popular fictional superheroes of all time Batman. The lineup includes a gold coin and two silver medals in different sizes. These Batman pieces are the latest releases in the U.S. Mints Comic Art Coin & Medal Program. Developed in partnership with ...
From nypost.com | Sep 26, 2025
Two Republican congressional lawmakers plan to introduce legislation on Friday to put Charlie Kirks likeness on commemorative silver dollar coins. The legislation, backed by Reps. Abe Hamadeh (R-Ariz.) and August Pfluger (R-Texas), aims to direct the Treasury to mint 400,000 silver dollar coins in 2026, featuring the phrase well done, good and faithful ...