{"id":3175,"date":"2015-11-28T20:22:41","date_gmt":"2015-11-28T20:22:41","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=3175"},"modified":"2015-11-28T20:22:41","modified_gmt":"2015-11-28T20:22:41","slug":"big-banks-accused-of-interest-rate-swap-fixing-in-u-s-class-action-suit","status":"publish","type":"post","link":"http:\/\/fenello.com\/oldnews\/occupythecourts\/?p=3175","title":{"rendered":"Big banks accused of interest rate-swap fixing in U.S. class action suit"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.reuters.com\/article\/2015\/11\/26\/us-interestrateswaps-lawsuit-idUSKBN0TE2YQ20151126','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/s3.reutersmedia.net\/resources\/r\/?m=02&amp;d=20151125&amp;t=2&amp;i=1097731056&amp;w=&amp;fh=545px&amp;fw=&amp;ll=&amp;pl=&amp;sq=&amp;r=LYNXMPEBAO1AN\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/www.reuters.com\/article\/2015\/11\/26\/us-interestrateswaps-lawsuit-idUSKBN0TE2YQ20151126\\'&gt;Big banks accused of interest rate-swap fixing in U.S. class action suit&lt;\/a&gt;The class action lawsuit, filed in U.S. District Court in Manhattan, accuses Goldman Sachs Group (GS.N), Bank of America Merrill Lynch (BAC.N), JPMorgan Chase(JPM.N), Citigroup(C.N), Credit Suisse Group (CSGN.VX), Barclays Plc (BARC.L), BNP Paribas SA (BNPP.PA), UBS (UBSG.VX), Deutsche Bank AG (DBKGn.DE), and the Royal Bank of Scotland (RBS.L) of colluding to prevent the trading of interest rate swaps on electronic exchanges, like the ones on which stocks are traded.&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;span class=\\&quot;embedly-powered\\&quot; style=\\&quot;float:right;display:block\\&quot;&gt;&lt;a target=\\&quot;_blank\\&quot; href=\\&quot;http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2015%2F11%2F26%2Fus-interestrateswaps-lawsuit-idUSKBN0TE2YQ20151126\\&quot; title=\\&quot;Powered by Embedly\\&quot;&gt;&lt;img src=\\&quot;http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\\&quot; alt=\\&quot;Embedly Powered\\&quot; \/&gt;&lt;\/a&gt;&lt;\/span&gt;&lt;div class=\\&quot;media-attribution\\&quot;&gt;&lt;span&gt;via &lt;\/span&gt;&lt;a href=\\&quot;http:\/\/www.reuters.com\\&quot; class=\\&quot;media-attribution-link\\&quot; target=\\&quot;_blank\\&quot;&gt;Reuters&lt;\/a&gt;&lt;\/span&gt;&lt;\/div&gt;&lt;div class=\\&quot;embedly-clear\\&quot;&gt;&lt;\/div&gt;&lt;\/div&gt;'}\">\n<div class=\"embedly\" style=\"\"><img decoding=\"async\" src=\"http:\/\/s3.reutersmedia.net\/resources\/r\/?m=02&#038;d=20151125&#038;t=2&#038;i=1097731056&#038;w=&#038;fh=545px&#038;fw=&#038;ll=&#038;pl=&#038;sq=&#038;r=LYNXMPEBAO1AN\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/www.reuters.com\/article\/2015\/11\/26\/us-interestrateswaps-lawsuit-idUSKBN0TE2YQ20151126'>Big banks accused of interest rate-swap fixing in U.S. class action suit<\/a>The class action lawsuit, filed in U.S. District Court in Manhattan, accuses Goldman Sachs Group (GS.N), Bank of America Merrill Lynch (BAC.N), JPMorgan Chase(JPM.N), Citigroup(C.N), Credit Suisse Group (CSGN.VX), Barclays Plc (BARC.L), BNP Paribas SA (BNPP.PA), UBS (UBSG.VX), Deutsche Bank AG (DBKGn.DE), and the Royal Bank of Scotland (RBS.L) of colluding to prevent the trading of interest rate swaps on electronic exchanges, like the ones on which stocks are traded.<\/p>\n<div class=\"embedly-clear\"><\/div>\n<p><span class=\"embedly-powered\" style=\"float:right;display:block\"><a target=\"_blank\" href=\"http:\/\/embed.ly\/code?url=http%3A%2F%2Fwww.reuters.com%2Farticle%2F2015%2F11%2F26%2Fus-interestrateswaps-lawsuit-idUSKBN0TE2YQ20151126\" title=\"Powered by Embedly\"><img decoding=\"async\" src=\"http:\/\/static.embed.ly\/images\/logos\/embedly-powered-small-light.png\" alt=\"Embedly Powered\" \/><\/a><\/span><\/p>\n<div class=\"media-attribution\"><span>via <\/span><a href=\"http:\/\/www.reuters.com\" class=\"media-attribution-link\" target=\"_blank\">Reuters<\/a><\/span><\/div>\n<div class=\"embedly-clear\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Big banks accused of interest rate-swap fixing in U.S. class action suitThe class action lawsuit, filed in U.S. District Court in Manhattan, accuses Goldman Sachs Group (GS.N), Bank of America Merrill Lynch (BAC.N), JPMorgan Chase(JPM.N), Citigroup(C.N), Credit Suisse Group (CSGN.VX), &hellip; 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