Law360, London (June 6, 2019, 10:40 AM BST) -- Five major banks including JP Morgan and Barclays have been fined almost 90 million Swiss francs ($91 million) for allegedly colluding to manipulate trading in foreign exchange markets, Switzerland's antitrust authority said Thursday, bringing the total penalties imposed on the lenders for competition violations to nearly $1.3 billion.
A Swiss regulator has handed fines of more than 90 million Swiss francs ($91 million) to JP Morgan and four other major banks for allegedly colluding to rig trading in foreign exchange markets. (AP) The Swiss decision was the second of two settlements after the European Union's competition regulator fined the same banks...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!