April 30, 2015 BY Mike Fox
Bank of America to settle private Forex manipulation lawsuit for $180 million
The Wall Street Journal's Christina Rexrode broke the news yesterday that Bank of America will pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating Forex rates. The bank’s decision to agree to settle comes after rivals J.P. Morgan Chase & Co. and UBS AG had agreed…
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