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Thursday, May 28, 2020

U.S. judge orders 15 banks to face big investors' currency rigging lawsuit

A U.S. judge on Thursday said institutional investors, including BlackRock Inc and Allianz SE's Pacific Investment Management Co, can pursue much of their lawsuit accusing 15 major banks of rigging prices in the $6.6 trillion-a-day foreign exchange market.


from Reuters: Business News https://ift.tt/2ZNBBnO

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