Calif. Utility Sues Banks Over Derivatives
The Sacramento (Calif.) Municipal Utility District has sued Bank of America and more than 12 other banks for allegedly conspiring to pre-select winners of municipal derivatives auctions and accepting kickbacks.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
