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Citi Is 2nd Bank To Settle In OTC Libor Row, Will Pay $130M

By Kat Greene (August 7, 2017, 10:12 PM EDT) -- Citigroup Inc. struck a $130 million deal Monday in New York federal court with investors who bought the bank's financial products tied to the London Interbank Offered Rate, making it the second bank to settle with the investors over allegations the benchmark rate was manipulated....

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