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Banks Oppose Class Cert. In Interest Rate Swaps Suit

By Rachel Graf ( June 27, 2019, 6:22 PM EDT) -- Major banks including Bank of America Corp. and Credit Suisse AG said a New York federal court shouldn't certify a class of investors alleging that the financial institutions prevented them from trading interest rate swaps on rival platforms, saying in part the certification bid ignores limitations from a dismissal order. . . .

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