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