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OCT 31, 2013 - MarketWatch

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J.P. Morgan, BofA, Citi among banks sued by Fannie

NEW YORK (MarketWatch) -- Bank of America Corp. , Citigroup Inc. and J.P. Morgan Chase & Co. are among the banks that Fannie Mae filed charges against Thursday, alleging that they manipulated a key interest rate known as the Libor. The lawsuit also names four banks that have settled previous Libor-related charges: British bank Barclays PLC , Swiss bank UBS AG , Royal Bank of Scotland Group PLC and Dutch bank Rabobank. Rabobank's CEO resigned this week after the bank announced its settlement. Fannie Mae also sued Credit Suisse Group AG and Germany-based Deutsche Bank . Market Pulse ... Read More

Tags: J.P. Morgan, BofA, Citi among banks sued by Fannie,  Ubs Ag Latest News