The biggest risk for a bank is that it is caught "lying" by a large amount for an extended period and that anyone affected by LIBOR has the right to sue even if they were not a customer of the bank.
Read Full Article »The biggest risk for a bank is that it is caught "lying" by a large amount for an extended period and that anyone affected by LIBOR has the right to sue even if they were not a customer of the bank.
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