JPMorgan Chase, 12 More Banks Sued Over Libor

JPMorgan Chase & Co., Barclays Plc, Credit Suisse Group AG and 10 other international lenders were sued by a U.S. credit union regulator alleging they illegally manipulated benchmark Libor interest rates.

The National Credit Union Administration, an Alexandria, Virginia-based regulator, sued the banks yesterday at a U.S. court in Kansas.