Schemes that lost money through manipulation of the foreign exchange (FX) markets can start filing lawsuits following a regulatory decision to fine several banks, according to a lawyer.
The Financial Conduct Authority (FCA) announced yesterday it had issued fines worth £1.1bn against a string of banks after an investigation into the $3trn (£1.9trn) market (PP Online 12 November). ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date