Citi, JPMorgan, Others Paying $324M In Rate-Fixing Deal

By Evan Weinberger (May 3, 2016, 5:15 PM EDT) -- Bank of America Corp., Citigroup Inc. and JPMorgan Chase & Co. were among seven banks that on Tuesday agreed to pay a total of $324 million to settle class action litigation alleging that they rigged a benchmark interest rate used to set terms for swaps transactions....

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