Big Banks to be Sued in London

World's Big Banks to be Sued in London over FOREX Rigging Law firm expects instruction to bring case this autumn for billions in compensation The Independent, Saturday 15 August 2015 Following recent fins in excess of $5bn for FOREX market rigging plus $2bn in...

Nine Banks to Pay $2 bn to Investors

Nine banks agree to pay $2bn to settle FOREX rigging suit AFP August 14, 2015 1:40 AM Nine major banks accused of foreign-exchange rigging have agreed to pay more than $2 billion to investors in settlements, a law firm involved in the process said. Plaintiffs have...

Deutsche Bank’s Record Fine

Deutsche Bank Rotten at Heart Source Forbes Deutsche Bank has been issued with the largest fine of any bank for rigging international bank offer rates – what the UK’s Financial Conduct Authority (FCA) calls “IBORs”. There are several of these rates: the best-known is...

Bank FOREX Rigging Fines

The Tip of the Iceberg? Six banks fined $5.6bn over rigging of foreign exchange markets. May 20, 2015 17:27 (Financial Times) Six global banks will pay more than $5.6bn to settle allegations that they rigged foreign exchange markets, in a scandal the FBI said involved...