Web Toolbar by Wibiya
Login | Sign Up AnonymousUser
twiter
New to Comunitee?


or Sign Up with Email

Us

>> HOUSTON Latest News

JUL 29, 2013 - Yahoo! News

A Must Read - Share

Philadelphia latest U.S. city to sue banks in Libor scandal

(Reuters) - The city of Philadelphia is the latest of a series of U.S. municipalities, following Houston a week ago, to sue some of the world's biggest banks for financial losses incurred in the Libor interest-rate rigging scandal. Philadelphia sued nine banks and several subsidiaries on Friday in Pennsylvania Federal Court, seeking punitive and other damages and claiming that the banks' behavior "was nothing short of naked price-fixing. ...

Tags: Philadelphia latest U.S. city to sue banks in Libor scandal,  Houston Latest News