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FX market manipulation claims: ongoing developments

Published on 27 August 2015

Recent settlements give impetus to claims

Earlier this month, it was reported that nine banks - Barclays, Royal Bank of Scotland (RBS), Goldman Sachs, HSBC, Bank of America, Citi, BNP Paribas, JPMorgan and UBS – settled claims in the US related to the manipulation of foreign exchange markets for $2bn.