November 26, 2018
A New York federal judge on Monday dismissed the bulk of claims against all defendants except Morgan Stanley in a proposed class action against 15 major banks and two brokers for allegedly manipulating the price of derivatives based on an Australian benchmark interest rate.
November 26, 2018
JPMorgan will shell out $7 million to investors to exit a class action accusing several big banks of profiting at their expense from the manipulation of an Australian short-term interest benchmark known as the Bank Bill Swap Reference Rate, according to a motion filed in New York federal court.
May 01, 2017
Investors fought in New York federal court Friday to keep intact their suit alleging JPMorgan Chase & Co., Deutsche Bank AG, UBS AG and other financial institutions manipulated an Australian benchmark known as the bank bill swap reference rate, saying they adequately pled how the alleged collusion injured them.
February 27, 2017
JPMorgan Chase, Deutsche Bank, UBS and other banks and brokers asked a New York federal court Friday to toss claims of manipulating the bank bill swap reference rate, an Australian benchmark, saying their alleged actions had no effect on the instruments traded by investors.
August 18, 2016
Investors have filed a lawsuit in a New York federal court accusing JPMorgan Chase, Citbank, UBS and other big banks and brokers of generating hundreds of millions in profits by colluding to artificially fix the price of derivatives based on the bank bill swap reference rate, an Australian benchmark.