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Goldman settles rate rigging lawsuit

Goldman Sachs Still

Goldman Sachs has agreed to pay $56.5m to resolve a U.S. class action lawsuit accusing it and other banks of rigging an interest rate benchmark used in the $553tril derivatives market.

Barclays faces FX lawsuit

Helicopter Tour

A New York-based investment adviser filed a class action lawsuit against Barclays on Friday alleging that rigged foreign exchange trading practices at the bank caused "significant damages" to its trading partners.

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Goldman Sachs Still

Goldman settles rate rigging lawsuit

Goldman Sachs has agreed to pay $56.5m to resolve a U.S. class action lawsuit accusing it and other banks of rigging an interest rate benchmark used in the $553tril derivatives market.

Helicopter Tour

Barclays faces FX lawsuit

A New York-based investment adviser filed a class action lawsuit against Barclays on Friday alleging that rigged foreign exchange trading practices at the bank caused "significant damages" to its trading partners.