Goldman Sachs, JPMorgan Chase, Morgan Stanley, UBS Reach $499M Settlement Of Private Antitrust Litigation Over Stock Lending
Portfolio Pulse from Charles Gross
Goldman Sachs, JPMorgan Chase, Morgan Stanley, and UBS have reached a $499 million settlement of private antitrust litigation over stock lending, according to a court filing cited by Reuters.
August 23, 2023 | 8:53 pm
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NEGATIVE IMPACT
Goldman Sachs has settled a private antitrust litigation over stock lending for $499 million.
The settlement could negatively impact Goldman Sachs' financials in the short term, potentially leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
JPMorgan Chase has settled a private antitrust litigation over stock lending for $499 million.
The settlement could negatively impact JPMorgan Chase's financials in the short term, potentially leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Morgan Stanley has settled a private antitrust litigation over stock lending for $499 million.
The settlement could negatively impact Morgan Stanley's financials in the short term, potentially leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
UBS has settled a private antitrust litigation over stock lending for $499 million.
The settlement could negatively impact UBS's financials in the short term, potentially leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100