Law360, New York (June 20, 2016, 2:58 PM EDT) -- A New York federal judge on Friday scolded a number of foreign banks accused of Libor manipulation for not having turned over "core discovery" documents to groups of investors who are seeking to compel their production, saying that she's displeased that this hasn't yet happened.The plaintiffs had wanted the information to arrive within two days, but U.S. District Judge Naomi Reice Buchwald called the timeline unreasonable and told Lloyds Bank PLC, HBOS PLC, Bank of Tokyo-Mitsubishi UFJ Ltd., HSBC Bank PLC, HBC Holdings PLC, Norinchukin Bank, Protigon AG, Westdeutsche ImmobilienBank AG, Societe Generale, Royal Bank of Scotland Group PLC and...
A number of banks accused of Libor manipulation have been scolded by a New York federal judge for late turnovers of core discovery documents to investigators. The banks concerned include Bank of America, Citigroup, Credit Suisse, HSBC, Rabobank, JPMorgan Chase, Lloyds, Charles Schwab, Portigon, Royal Bank of Canada, RBS, UBS and Societe Generale.