September 25, 2017
A New York federal judge on Monday dismissed claims against banks such as Royal Bank of Scotland PLC and Credit Suisse Group AG, which were accused by investors of manipulating the Swiss franc Libor.
August 17, 2017
A New York federal judge on Wednesday approved a $22 million "ice-breaker" settlement between JPMorgan Chase & Co. and a class of investors who accuse banks of rigging the market for derivatives tied to the Swiss franc London Interbank Offered Rate, a deal that the plaintiffs hope will strengthen their case against other defendants.
August 14, 2017
A group of European banks including Royal Bank of Scotland PLC and Credit Suisse Group AG accused by investors of rigging the market for derivatives tied to the Swiss franc London Interbank Offered Rate on Monday urged a Manhattan federal judge to nix the proposed class action, saying the case doesn't belong in the U.S.
July 28, 2017
European financial firms accused of rigging a benchmark interest rate for interbank borrowing of Swiss franc-denominated funds have told a New York federal judge that a recent U.S. Supreme Court ruling on jurisdiction strengthens their argument for dismissing investors' class allegations against the banks.