Forex rigging trial on hold as banks await Merricks decision
The forex rigging cartel dispute in the Competition Appeal Tribunal has been postponed, as the tribunal awaits judgment in the Mastercard/Merricks case. The claim dates to 2013, when allegations of collusion and manipulation were made against several banks. In 2014, the Financial Conduct Authority hit Citibank, JP Morgan, HSBC, RBS and UBS with fines which […]