Customary Chartered PLC and Societe Generale SA pays a mixed $2.7 million to resolve a lawsuit in Manhattan federal court docket claiming they part
Customary Chartered PLC and Societe Generale SA pays a mixed $2.7 million to resolve a lawsuit in Manhattan federal court docket claiming they participated in a world conspiracy to rig international foreign money alternate charges.
They’ll be a part of Citigroup Inc. and MUFG Financial institution Ltd.—which settled in May for a combined $11 million—in cooperating in opposition to the banks nonetheless preventing the “foreign exchange” manipulation swimsuit within the U.S. District Court docket for the Southern District of New York. The remaining defendants embrace dozens of prime U.S. and worldwide monetary corporations.
The sooner settlement happened two weeks after Decide Lorna Schofield dismissed state law…
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