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Continue Reading.pdf

70519f_f745fac6110342998346c10f10cc9741.pdf

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📊 Size: 56 KB

👤 Author: JBrown

⬇️ Downloads: 89

Summary

Three Danish pension funds filed a lawsuit in US District Court alleging big banks conspired to control pricing and access in the $25 trillion credit-default-swaps market, causing harm to investors of "tens of billions of dollars". The lawsuit names 12 banks, Markit Group, and the International Swaps and Derivatives Association as defendants, accusing them of antitrust violations, inflating profits, and blocking competition. This lawsuit follows a similar suit filed in May and European antitrust authorities' allegations of improper practices in credit derivatives markets. The banks and Markit declined to comment, while ISDA said the allegations are "without merit".

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Description

Three Danish pension funds filed a lawsuit in US District Court alleging big banks conspired to control pricing and access in the $25 trillion...

Technical Information

File Format: PDF
File Size: 56 KB
Pages: 3
Language: EN
Author: JBrown
Total Downloads: 89
Last Updated: 4 weeks ago

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This PDF document about Continue Reading provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Continue Reading.