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Tag: NAB agrees to settle US BBSW class action complaint

NAB agrees to settle US BBSW class action complaint

Posted on June 18, 2021June 18, 2021

SYDNEY, AUSTRALIA: National Australia Bank Limited (NAB) today announced it had reached an agreement to settle a class action commenced in the United States in 2016. The class action in which NAB and multiple other financial institutions were named as defendants relates to the Bank Bill Swap Rate (BBSW) and the trading of BBSW-based products….

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