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UBS, RBS must face revived US antitrust claims in Euribor antitrust case

( August 22, 2025, 22:31 GMT | Official Statement) -- MLex Summary: UBS and Royal Bank of Scotland must face US antitrust claims brought by two plaintiffs accusing them of conspiring to manipulate the Euribor benchmark, a federal appeals court ruled. The US Court of Appeals for the Second Circuit reversed dismissal of claims brought by Frontpoint Australian Opportunities Trust and California State Teachers’ Retirement System, finding that they have established jurisdiction and sufficiently alleged a conspiracy that directly harmed them. The court affirmed dismissal of the remaining claims in the case.See attached file. ...

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