July 2017 - Scott+Scott

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Standard Chartered is among five banks paying $111m over foreign-exchange rigging

Standard Chartered is among five banks that have collectively agreed to settle American legal claims relating to rigging prices in the $5 trillion-a-day foreign exchange market.

Banks settle currency manipulation claims for $111m

Five more banks have agreed to settle claims that they manipulated currency markets, as the foreign exchange scandal continues to haunt the financial industry.

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UBS, HSBC Pen $28M Settlement In Swaps-Rate Class Action

Banking giants agree to pay $14 million to settle class action claims that they participated in a conspiracy with other banks to manipulate a benchmark interest rate used to set terms for swaps transactions.

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