Big banks must face U.S. swaps price-fixing lawsuit

UPDATE 3-Big banks must face U.S. swaps price-fixing lawsuitBy Jonathan Stempel NEW YORK, Sept 4 (Reuters) – A Manhattan federal judge said on Thursday that investors may pursue a lawsuit accusing 12 major banks of violating antitrust law by fixing prices and restraining competition in the roughly $21 trillion market for credit default swaps. While dismissing part of the case, U.S.

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