Home \ Keywords \ interest rates

You are here

interest rates

JPMorgan Chase, 12 More Banks Said to Be Sued Over Libor

"JPMorgan Chase & Co., Barclays Plc, Credit Suisse Group AG and 10 other international lenders were sued by a U.S. credit union regulator alleging they illegally manipulated benchmark Libor interest rates. 

"The National Credit Union Administration, an Alexandria, Virginia-based regulator, said it sued the banks yesterday at a U.S. court in Kansas. The filing couldn’t immediately be confirmed in court records.