Goldman, JPMorgan, Morgan Stanley, UBS Settle Stock-Lending Suit

📆 8/24/2023 1:21 AM
📰 BNNBloomberg

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Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co. and UBS AG agreed to pay nearly $500 million to settle litigation by US pension funds over control of the market for stock lending, according to a court filling.

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Goldman, JPMorgan, Morgan Stanley, UBS in US$499-million stock lending settlementInvestors accused them of conspiring to stifle competition in the stock lending market
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