{"id":3436,"date":"2016-05-31T19:12:26","date_gmt":"2016-05-31T19:12:26","guid":{"rendered":"http:\/\/fenello.com\/blog\/?p=3436"},"modified":"2016-05-31T19:12:26","modified_gmt":"2016-05-31T19:12:26","slug":"seven-big-banks-settle-u-s-rate-rigging-lawsuit-for-324-million","status":"publish","type":"post","link":"http:\/\/fenello.com\/oldnews\/proseaction\/?p=3436","title":{"rendered":"Seven big banks settle U.S. rate-rigging lawsuit for $324 million"},"content":{"rendered":"<div class=\"mceItemEmbedly\" style=\"max-width:600px;\" data-ajax=\"{'url':'http:\/\/www.reuters.com\/article\/us-banks-rigging-settlement-idUSKCN0XU2B5','width':null,'words':null,'height':null,'embed':'&lt;div class=\\&quot;embedly\\&quot; style=\\&quot;\\&quot;&gt;&lt;img src=\\&quot;http:\/\/s2.reutersmedia.net\/resources\/r\/?m=02&amp;d=20160503&amp;t=2&amp;i=1135629191&amp;w=&amp;fh=545px&amp;fw=&amp;ll=&amp;pl=&amp;sq=&amp;r=LYNXNPEC421DB\\&quot; class=\\&quot;thumb embedly-thumbnail-small\\&quot; \/&gt;&lt;a class=\\'embedly-title\\' target=\\'_blank\\' href=\\'http:\/\/www.reuters.com\/article\/us-banks-rigging-settlement-idUSKCN0XU2B5\\'&gt;Seven big banks settle U.S. rate-rigging lawsuit for $324 million&lt;\/a&gt;NEW YORK Seven of the world\\'s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market.&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%2Fus-banks-rigging-settlement-idUSKCN0XU2B5\\&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:\/\/s2.reutersmedia.net\/resources\/r\/?m=02&#038;d=20160503&#038;t=2&#038;i=1135629191&#038;w=&#038;fh=545px&#038;fw=&#038;ll=&#038;pl=&#038;sq=&#038;r=LYNXNPEC421DB\" class=\"thumb embedly-thumbnail-small\" \/><a class='embedly-title' target='_blank' href='http:\/\/www.reuters.com\/article\/us-banks-rigging-settlement-idUSKCN0XU2B5'>Seven big banks settle U.S. rate-rigging lawsuit for $324 million<\/a>NEW YORK Seven of the world&#8217;s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market.<\/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%2Fus-banks-rigging-settlement-idUSKCN0XU2B5\" 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>Seven big banks settle U.S. rate-rigging lawsuit for $324 millionNEW YORK Seven of the world&#8217;s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the &hellip; 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