Banks Seek Dismissal of Libor Litigation

Elsewhere, bonds issued by U.S. banks outperformed junk-rated bonds in the first half, according to a Bank of America index, finally displaying their resilience after being long overlooked by investors. Treasurys. Treasurys kickstarted trading with aElsewhere, bonds issued by U.S. banks outperformed junk-rated bonds in the first half, according to a Bank of America index, finally displaying their resilience after being long overlooked by investors. Treasurys. Treasurys kickstarted trading with aAmong the 16 defendant banks are Bank of America Corp. (BAC), Citigroup Inc. (C), J.P. Morgan Chase & Co. (JPM), UBS AG (UBS, UBSN.VX), Barclays and Deutsche Bank AG (DB, DBK.XE), which are, or were, members of the dollar-denominated LiborThe agreement has no legal basis and is merely designed to ensure that the banks get paid and that people in Detroit are muzzled in their opposition to the

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