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JPMorgan Chase, Citi among banks sued over alleged manipulation of Australian benchmark rate

By Richard Vanderford ( August 17, 2016, 19:12 GMT | Insight) -- ​A group of major banks, including JPMorgan Chase, Citigroup, Royal Bank of Scotland and Deutsche Bank colluded to manipulate the Bank Bill Swap Reference Rate, a key Australian benchmark rate, investors alleged in a US lawsuit.A group of major banks, including JPMorgan Chase, Citigroup, Royal Bank of Scotland and Deutsche Bank colluded to manipulate the Bank Bill Swap Reference Rate, a key Australian benchmark, investors alleged in a US lawsuit....

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