Citigroup, Deutsche Bank and HSBC Holdings will pay a combined US$132 million to settle a US class action over allegations of manipulating the Libor benchmark interest rate. Photo: Reuters

Citi, Deutsche Bank, HSBC agree to pay US$132 million to settle Libor claims

Settlement comes after a US class action brought by futures traders accusing the three of manipulating the Libor benchmark interest rate

Topic |   Banking & Finance

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Citigroup, Deutsche Bank and HSBC Holdings will pay a combined US$132 million to settle a US class action over allegations of manipulating the Libor benchmark interest rate. Photo: Reuters
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