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NYSE . Currency in USD
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52 Week Range50,000.00 - 58,000.00
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Avg. Volume1,870
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  • US FDIC sues 16 banks alleging Libor manipulation in Doral collapse
    Reuters9 months ago

    US FDIC sues 16 banks alleging Libor manipulation in Doral collapse

    The Federal Deposit Insurance Corp (FDIC), which brought the suit in its capacity as receiver for Doral Bank, alleged that the rate rigging harmed Doral by causing substantial losses with regard to its loan portfolio and derivative holdings. The suit is the latest in a long line of lawsuits in the U.S. District Court in Manhattan targeting the alleged rigging by banks of one interest rate benchmark, market or commodity or another.

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