Month: July 2017

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.
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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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