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HSBC, Citi's $58M In Yen Libor Deals Get Preliminary OK

By Dani Kass (June 23, 2016, 12:39 PM EDT) -- A New York federal judge on Wednesday preliminarily approved $58 million in class settlements between investors and HSBC Holdings PLC, Citigroup and brokerage firm RP Martin Holdings Ltd., marking the first deals in an antitrust suit accusing several large financial institutions of fixing yen-denominated Libor rates....

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