Schwab Sues BofA and Other Banks Over Alleged Libor Manipulation

Schwab Sues BofA and Other Banks Over Alleged Libor Manipulation

Scott Eells/Bloomberg

Pedestrians holding umbrellas walk past a Charles Schwab Corp. office in New York. In its new complaint against more than a dozen banks, Schwab alleges they concealed their conduct even after questions were raised beginning in 2007 about potential Libor manipulation.