10 Biggest Wall St. Banks Now Facing Legal Action For Price Fixing $320 Trillion Derivative Market

Market

‘A class action lawsuit, filed last week, accuses two trading platforms and ten of Wall Street’s largest megabanks of conspiring to stifle competition in the $320 trillion dollar derivatives market for interest rate swaps.

The lawsuit claims the banks “have been able to extract billions of dollars in monopoly rents, year after year, from the class members in this case.”’

Read more: 10 Biggest Wall St. Banks Now Facing Legal Action For Price Fixing $320 Trillion Derivative Market

The post 10 Biggest Wall St. Banks Now Facing Legal Action For Price Fixing $320 Trillion Derivative Market appeared first on David Icke.

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