Customary Chartered PLC and Societe Generale SA can pay a mixed $2.7 million to resolve a lawsuit in Manhattan federal court docket claiming they p
Customary Chartered PLC and Societe Generale SA can pay a mixed $2.7 million to resolve a lawsuit in Manhattan federal court docket claiming they participated in a world conspiracy to rig international forex trade 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 towards the banks nonetheless combating the “foreign exchange” manipulation swimsuit within the U.S. District Courtroom for the Southern District of New York. The remaining defendants embody dozens of prime U.S. and worldwide monetary corporations.
The sooner settlement took place two weeks after Choose Lorna Schofield dismissed state law…
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