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HSBC To Pay $4.75M To Settle Libor-Rigging Claims

By Christopher Crosby (July 30, 2018, 9:17 PM EDT) -- Indirect investors have asked a New York federal judge to sign off on a $4.75 million settlement with HSBC Bank to end claims over accusations several large financial institutions manipulated the Libor, saying the deal was fair given the substantial risk associated with trying to explain a complicated market to a jury....

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