BofA, Barclays sued over Libor by University of California

BANK OF AMERICA CORP. and Barclays PLC are among the more than a dozen banks being sued for Libor manipulation by the Regents of the University of California. / COURTESY WIKIMEDIA COMMONS
BANK OF AMERICA CORP. and Barclays PLC are among the more than a dozen banks being sued for Libor manipulation by the Regents of the University of California. / COURTESY WIKIMEDIA COMMONS
LOS ANGELES – Bank of America Corp. and Barclays Plc are among more than a dozen banks sued by the Regents of the University of California over claims they manipulated of the London Interbank Offered Rate. The university system filed an antitrust complaint in federal court in San Francisco. It accuses the banks of fraud,…

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