Tag: forex benchmark manipulation

April 16, 2015 BY Andrew Saks-McLeod

Bank of America agrees settlement ahead of FX rate manipulation class action lawsuit

Law firm Scott+Scott has stated that the settlement is likely to echo the $99.5 million paid by JPMorgan Chase & Co in 2013, and the $135 million paid by UBS last year

November 03, 2014 BY Andrew Saks-McLeod

HSBC interim management statement shows $378 million set aside to appease the FCA

In anticipation of administrative penalties which could potentially be applied to major banks as a result of the global investigation into FX benchmark fixing, HSBC makes provisions in its Q3 2014 interim statement. Could US firms face class action lawsuits, criminal proceedings whilst British firms settle in advance?

Tag: forex benchmark manipulation

Bank of America agrees settlement ahead of FX rate manipulation class action lawsuit

HSBC interim management statement shows $378 million set aside to appease the FCA

Visa Says US Holiday Retail Spend Rose 4.8% YoY

SEC Charges Investment Adviser Dolphin Associates and Donald Netter for Misleading Investors

Fiserv to Acquire Payfare

Westpac New Zealand Admits to Misleading and Overcharging Over 24,000 Customers

Australian Arm of Sanlam Group to Have Compliance Processes Reviewed After Breaching Licensee Obligations