Major banks rebuff FX price fixing claims
HSBC, JPMorgan, Citi, Barclays, BofA, and UBS have managed to beat claims that they conspired to fix prices in the FX market.
HSBC, JPMorgan, Citi, Barclays, BofA, and UBS have managed to beat claims that they conspired to fix prices in the FX market.
This case concerns the impact of an alleged conspiracy among banks to fix prices in the FX market on consumers’ foreign currency purchases.