2nd Circ. Revives Some Rate-Rigging Claims Against Banks

By Jessica Corso ( August 22, 2025, 6:50 PM EDT) -- The Second Circuit on Friday partially revived claims that UBS AG and the Royal Bank of Scotland PLC manipulated a key interest rate for the lending of euros, allowing a pair of funds to press forward with claims that the banks' actions harmed U.S. investors trading derivatives tied to the rate....

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