Australia’s NAB to settle U.S. bank bill swap rate class action By Reuters

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© Reuters. FILE PHOTO: The National Australia Bank Logo is seen on a branch in central Sydney, Australia, February 8, 2018. REUTERS/Daniel Munoz

(Reuters) – National Australia Bank (OTC:) Ltd said on Friday it has agreed to settle a 2016 class action lawsuit in the United States over alleged manipulation of a key short-term interest rate.

The terms of settlement in the bank bill swap rate lawsuit are confidential and without any admission of liability, Australia’s third largest bank said. (https://

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