JPMorgan, Morgan Stanley pay most in $1.9 billion swaps price-fixing settlement

By Nate Raymond (Reuters) – JPMorgan Chase & Co, Morgan Stanley and Barclays Plc will pay over half of a more than $1.86 billion settlement resolving investor claims they conspired to fix prices and limit competition in the market for credit default swaps, according to a court filing. Details of the settlement’s breakdown with those and nine other banks were disclosed in papers filed late on Friday, in federal court in Manhattan, a month after the proposed deal was first announced. …

Original post:
JPMorgan, Morgan Stanley pay most in $1.9 billion swaps price-fixing settlement