Philadelphia sues seven banks for collusion
Credit: iStock/CribbVisuals
The city of Philadelphia has accused seven major banks of colluding to manipulate rates for a type of tax-exempt bond widely used by public entities such as municipalities, schools and hospitals, allegedly resulting in billions of dollars in inflated interest rates.
To read more
Subscribe to Global Competition Review
Subscribe and start reading now
Global Competition Review (GCR) is the complete source of news and analysis for competition practitioners. It keeps you up to speed with the issues and trends that matter, giving you the detail, and depth, you need to operate successfully.
Subscribe now
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10