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Interest rate swap sale: no advisory duty for bank
Practical Law UK Articles 1-622-1009 (Approx. 3 pages)
Interest rate swap sale: no advisory duty for bank
by Freshfields Bruckhaus Deringer LLP
| Published on 28 Jan 2016 • United Kingdom |
The High Court has held that a bank had no advisory duty in relation to the sale of an interest rate swap to a customer.