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Wednesday, April 23, 2025

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FDIC v. Bank of America Corp.; Merrill Lynch & Co.; Barclays Bank PLC; Portigon fka WestLB;

The artificial manipulation of the London interbank offered rate (Libor) allowed various banks to earn significant “undeserved” profits, the FDIC claims as receiver for Amcore Bank and others.USDC Southern District of New York

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