U.S. regulator sues 16 banks for rigging key interest rate | Business Information & News | Westlaw

U.S. regulator sues 16 banks for rigging key interest rate | Business Information & News | Westlaw

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3/14/14 REUTERS 21:30:30
REUTERS
Copyright © 2014 Thomson Reuters
March 14, 2014
U.S. regulator sues 16 banks for rigging key interest rate
Nate Raymond
Aruna Viswanatha
NEW YORK/WASHINGTON (Reuters) - The Federal Deposit Insurance Corp sued 16 of the world's largest banks on Friday, accusing them of cheating dozens of other now defunct banks by manipulating the Libor interest rate.
The global financial institutions...
---- Index References ----
Company: GENERALE SA; RBS MEZZANINE LTD; ROYAL BANK OF CANADA; HSBC HOLDINGS PLC; NORINCHUKIN BANK (THE); CITIGROUP INC; FEDERAL DEPOSIT INSURANCE CORP; Bank of TM UFJ; BARCLAYS PLC; PORTIGON AG; COOPERATIEVE CENTRALE RAIFFEISEN BOERENLEENBANK BA; WASHINGTON MUTUAL BANK; BANK OF AMERICA CORP; DEUTSCHE BANK AG; LLOYDS BANKING GROUP PLC; ROYAL BANK OF SCOTLAND GROUP PLC (THE); CREDIT SUISSE AG; CREDIT SUISSE GROUP LTD; JPMORGAN CHASE AND CO; UBS AG
News Subject: (Major Corporations (1MA93); Business Lawsuits & Settlements (1BU19); Legal (1LE33); Business Management (1BU42); Corporate Events (1CR05); Business Litigation (1BU04))
Industry: (Retail Banking Services (1RE38); Financial Services (1FI37); Banking (1BA20); Loans (1LO12))
Region: (Americas (1AM92); United Kingdom (1UN38); Germany (1GE16); Eurozone Countries (1EU86); New York (1NE72); USA (1US73); Europe (1EU83); Western Europe (1WE41); Central Europe (1CE50); Scotland (1SC90); U.S. Mid-Atlantic Region (1MI18); North America (1NO39))
Language: EN
Other Indexing: (v. Bank of America Corp; IndyMac Bank) (Quinn Emanuel Urquhart; Daniel Brockett)
Keywords: banking (MCC:f); (N2:US); (N2:USANY); (N2:AMERS); (N2:USA); (MCCL:OEC)
Word Count: 492
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