Thread regarding JPMorgan Chase & Co. layoffs

JP Morgan Chase and Citigroup settle the rate-rigging lawsuit

It was reported that in this settlement Chase and Citigroup agreed to pay the amount $185.5 million.

A preliminary settlement addressing the banks' alleged manipulation of the European Interbank Offered Rate, or Euribor, was filed on Wednesday night with the U.S. District Court in Manhattan, and requires a judge's approval.

Five banks have reached US$491.5 million of settlements in the case, including earlier settlements of US$170 million by Deutsche Bank AG, US$94 million by Barclays Plc and US$45 million by HSBC Holdings Plc.

https://www.channelnewsasia.com/news/business/citigroup--jpmorgan-to-pay-us-182-5-million-to-settle-rate-rigging-lawsuit-10963794

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| 1297 views | | 2 replies (last December 9, 2018) | Reply
Post ID: @OP+Widihib

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14M bonus, that is all he made, JD

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Post ID: @fdbh+Widihib

The swamp is alive and well

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Post ID: @1ijf+Widihib

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