(Bloomberg) HSBC Holdings Plc agreed to pay $100 million to settle an antitrust lawsuit by over-the-counter investors, including the city of Baltimore and Yale University, who claimed they were harmed when they bought securities tied to rigged Libor. The proposed settlement by the London-based bank follows similar agreements the investor group reached with Barclays Plc, Citigroup Inc., and most recently Deutsche Bank AG over similar allegations. The settlement will need to be approved by a federal judge in Manhattan.
HSBC Will Pay $100 Million to Settle Libor-Rigging Lawsuit
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