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Banks Look To Deep-Six Swiss Franc Libor Class Action

By Stewart Bishop (August 14, 2017, 10:31 PM EDT) -- 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....

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