Customers consider suing banks in FX manipulation

London lawyers approached about bringing civil claims

gavelandscales

Institutional investors are approaching law firms about potential civil claims against banks implicated in the ongoing investigations into the manipulation of FX markets.

The new development is a sign that the fallout from some banks publicly acknowledging wrongdoing is moving into markets where major currency pairs are often traded, and culpable financial institutions could take further hits to their profits and reputation.

At the same time, lawyers are keeping an eye on the unfair dismissal

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