UPDATE 2-U.S. regulator sues 16 banks for rigging Libor rate
By Nate Raymond and Aruna Viswanatha NEW YORK/WASHINGTON, March 14 (Reuters) - The Federal Deposit Insurance Corp sued 16 of the world's largest banks on Friday, accusing them of cheating dozens of other now defunct banks by manipulating the Libor interest rate. The global financial i
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