5 Financial Institutions Ink $500M Stock Loan Antitrust Deal

By Lauren Berg (August 23, 2023, 11:42 PM EDT) -- Investors who have accused major banks of colluding to thwart modernization of the trillion-dollar stock loan market asked a New York federal judge Wednesday to greenlight a nearly $500 million settlement reached with JPMorgan, Morgan Stanley, Goldman Sachs and two other lending institutions....

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