LIBOR-rigging lawsuit revived against Citibank, HSBC, Merrill Lynch and others

Just when you thought it was safe to go back in the benchmark water, a lawsuit has been restarted against some of the world’s biggest banks trading yen LIBOR and Euroyen TIBOR derivatives
LIBOR-rigging lawsuit revived against Citibank, HSBC, Merrill Lynch and others

A US federal appeals court revived private antitrust litigation against some of the world’s largest banks yesterday accused by a group of investors of rigging Yen LIBOR and Euroyen TIBOR at their expense.

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