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Big banks accused of interest rate-swap fixing in class action suit

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A class action lawsuit, filed Wednesday, accuses 10 of Wall Street's biggest banks and two trading platforms of conspiring to limit competition in the US$320 trillion market for interest rate swaps. The class action lawsuit, filed in US District Court in Manhattan, accuses Goldman Sachs, Bank of America Merrill Lynch,…

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Click here to read the full story: Business Times

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