Wall Street banks hit with interest rate swaps antitrust lawsuit
Bank of America, Citigroup, Goldman Sachs, JP Morgan and eight other large banks have been accused by Tera Group unit, TeraExchange, of colluding to prevent customers from trading interest rate swaps on an independent electronic trading platform, according to an anti-trust suit filed in a New York court. 
By Y. Peter Kang (April 18, 2016, 10:30 PM EDT) -- Goldman Sachs, JPMorgan Chase & Co., Bank of America, Citigroup and eight other financial institutions are accused of colluding to prevent customers from trading interest rate swaps on an independent electronic trading platform, according to an antitrust suit filed Monday in New York federal court....

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