FX

Banks’ civil forex settlements near $2 billion

Barclays, BNP Paribas, Goldman Sachs and HSBC recently signed agreements to settle case tied to allegations traders manipulated the currency market

Banks’ civil forex settlements near $2 billion

The total amount paid by banks to settle a civil lawsuit tied to allegations traders manipulated the currency market has now reached almost $2 billion following a recent round of settlement agreements.

HSBC, Barclays, BNP Paribas and Goldman Sachs have recently signed agreements to settle the case, according to people familiar with the matter.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

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