Citigroup, JPMorgan to pay $182.5 million to settle rate-rigging lawsuit

NEW YORK (Reuters) - Citigroup Inc and JPMorgan Chase & Co will pay $182.5 million (142.01 million pounds) to settle U.S. investor litigation claiming they violated antitrust law by conspiring with other banks to rig a key European interest rate benchmark.A preliminary settlement addressing the banks' alleged manipulation of the European Interbank Offered Rate, or Euribor, was filed on Wednesday night with the U.S. District Court in Manhattan, and requires a judge's approval.Five banks have..