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Banks move to get out of US Libor manipulation suit

( October 18, 2024, 22:31 GMT | Official Statement) -- MLex Summary: Bank of America, Barclays Bank, Citibank, and others moved for judgment against US antitrust claims accusing them of manipulating the Libor benchmark. “Despite having ample opportunity over the past 13 years to identify evidence substantiating these allegations, plaintiffs have failed in that task. The evidence does not support their allegations of a persistent suppression conspiracy; there was no persistent suppression and there was no conspiracy,” they said.See document below. ...

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