Barclays, JPMorgan Struggle U.Okay. Investor Go well with Over FX Rigging (1)

Traders suing Barclays Plc, JPMorgan Chase & Co., Citigroup Inc. and at the least three different banks got extra time to undergo proof in a London lawsuit over the manipulation of foreign-exchange charges.

Justice Richard Jacobs stated on Wednesday that the traders from pension funds and funding administration companies, reminiscent of Allianz International Traders and Brevan Howard, wanted extra scope to go over paperwork that can be submitted in an identical U.S. lawsuit. The fabric could assist the traders bolster their claims that the lawsuit ought to cowl a 10-year interval.

The banks face lawsuits within the U.S….