Senin, 02 Oktober 2017

CITIGROUP has agreed to pay to end libor rigging lawsuit in u.s



overover the counter (Reuters) - Citigroup Inc (C.N) has agreed to pay $a hundred thirty million to settle private U.S. antitrust litigation accusing it of conspiring with competitors to manipulate over the counter Libor benchmark interest rate.

The bank is overover the counter to resolve claims over-the-counter so-called “2f2874cf80c036e5b52269eaf5ddfe83” traders that transacted immediately with banks on a panel to determine Libor, in keeping with filings past due Monday with over the counter U.S. District court docket in big apple.

Barclays % (BARC.L), over-the-counter British bank, reached a similar settlement in November 2015 for $120 million.

Citigroup spokeswoman Danielle Romero-Apsilos said over the counter overover the counter-primarily based bank become pleased to solve over the counter. court approval is needed. Citigroup did no longer admit wrongdoing.