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Barclays, JP Morgan among banks facing UK class action over forex-rigging

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JP Morgan, Barclays, RBS among big banks facing UK class action over Forex rigging

JP Morgan, Barclays, RBS among big banks facing UK class action over Forex rigging submitted by quantumcipher to ConflictOfInterest [link] [comments]

JP Morgan, Barclays, RBS among big banks facing UK class action over Forex rigging

JP Morgan, Barclays, RBS among big banks facing UK class action over Forex rigging submitted by rotoreuters to betternews [link] [comments]

Crypto Scam Reports Tripled in the UK Last Year Resulting $34 Million In Losses. In Other News, EU Fined Forex Banks $1.2 Billion Over Foreign Exchange Cartels

Crypto Scam Reports Tripled in the UK Last Year Resulting $34 Million In Losses. In Other News, EU Fined Forex Banks $1.2 Billion Over Foreign Exchange Cartels submitted by malia912 to CryptoCurrency [link] [comments]

JP Morgan, Barclays, RBS among big banks facing UK class action over Forex rigging

JP Morgan, Barclays, RBS among big banks facing UK class action over Forex rigging submitted by preston5151 to TodayRussianNews [link] [comments]

Barclays, JP Morgan among banks facing UK class action over forex-rigging

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@Reuters: Some of the world’s biggest investment banks are among banks facing UK class action over forex-rigging, @iainwithers and Kirstin Ridley report https://t.co/smWgQWeoMH https://t.co/2gatVSBaIX

@Reuters: Some of the world’s biggest investment banks are among banks facing UK class action over forex-rigging, @iainwithers and Kirstin Ridley report https://t.co/smWgQWeoMH https://t.co/2gatVSBaIX submitted by -en- to newsbotbot [link] [comments]

Barclays, JP Morgan among banks facing UK class action over forex-rigging

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Barclays, JP Morgan among banks facing UK class action over forex-rigging

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JP Morgan, Barclays, RBS among big banks facing UK class action over Forex rigging

JP Morgan, Barclays, RBS among big banks facing UK class action over Forex rigging submitted by quantumcipher to CorporateMalfeasance [link] [comments]

[UK] - Barclays, RBS and other banks face £1bn forex rigging lawsuit

[UK] - Barclays, RBS and other banks face £1bn forex rigging lawsuit submitted by AutoNewsAdmin to GUARDIANauto [link] [comments]

[Business] - Barclays, JP Morgan among banks facing UK class action over forex-rigging | REUTERS

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[Business] - JP Morgan, Barclays, RBS among big banks facing UK class action over Forex rigging | Russia Today

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[Business] - Barclays, JP Morgan among banks facing UK class action over forex-rigging

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Barclays, JP Morgan among banks facing UK class action over forex-rigging

This is the best tl;dr I could make, original reduced by 61%. (I'm a bot)
LONDON - Barclays, JP Morgan, RBS, UBS and Citigroup are being sued by investors over allegations they rigged the global foreign exchange market, in a test of U.S.-style class actions in Britain.
Litigators have long hoped to replicate in Britain the success of U.S. class action claims against banks, including Goldman Sachs, HSBC and Barclays, that have resulted $2.3 billion in settlements for big investors.
In May the European Union fined five banks a combined 1.07 billion euros for forex rigging through cartels of traders known as "Essex Express" and "Three Way Banana Split".
O'Higgins told Reuters the total value of the claim would depend on the number of forex trades executed in London for UK-domiciled units - which will be automatically included in the action - and the proportional impact of rate rigging on these.
CLASS ACTION TEST. The "Massive" action is a "Perfect" case to be brought as a so-called opt-out collective class action for breaches of UK or European Union competition law, David Scott told Reuters.
This wrangling has already delayed other class actions and some law firms have chosen a different legal route for offering pension funds, asset managers and other institutional investors the chance to hold banks to account.
Summary Source | FAQ | Feedback | Top keywords: action#1 billion#2 class#3 law#4 Scott#5
Post found in /europe, /worldnews and /ukpolitics.
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[Business] - JP Morgan, Barclays, RBS among big banks facing UK class action over Forex rigging

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Caution! Crypto Scam Reports Tripled in the UK Last Year Resulting $34 Million In Losses. In Other News, EU Fined Forex Banks $1.2 Billion Over Foreign Exchange Cartels

Caution! Crypto Scam Reports Tripled in the UK Last Year Resulting $34 Million In Losses. In Other News, EU Fined Forex Banks $1.2 Billion Over Foreign Exchange Cartels submitted by scgco to GGCrypto [link] [comments]

UK Forex Operator LMAX to Launch Cryptocurrency Exchange for Banks and Hedge Funds https://t.co/j3v89F7kWI - Crypto Insider Info - Whales's

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UK: Banks may face £1bn forex penalty | In addition to the settlements, the banks are also likely to face penalties from US regulators.

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UK: Banks may face £1bn forex penalty | In addition to the settlements, the banks are also likely to face penalties from US regulators.

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UK prepares forex fines for six banks on Wednesday: sources

UK prepares forex fines for six banks on Wednesday: sources submitted by hekenberg to economy [link] [comments]

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