JPMorgan Chase, Bank of America and 7 Mega Banks Paying $46,000,000 Over Alleged Conspiracy To Rig Trillion-Dollar Derivatives Market
Nine of the largest banks in the world are settling a long-running lawsuit that accuses them of conspiring to rig a $465.9 trillion market.
Lawyers representing investors have filed for preliminary approval of a $46 million cash settlement against JPMorgan Chase, Bank of America, Goldman Sachs, BNP Paribas, Citigroup, Deutsche Bank, Morgan Stanley, NatWest and UBS to end an eight-year-old antitrust suit.
Pocket change