Swiss regulator hunts for hints in Credit Suisse FX probe
Five banks fined, two acquitted as Comco closes market-rigging probes
Switzerland’s Competition Commission (Comco) says it is still hunting for signs that could confirm whether Credit Suisse colluded with other banks to rig the $5 trillion-a-day foreign exchange market.
Comco closed its investigations into FX market manipulation on June 6, imposing a CHF 90 million ($90.7 million) fine on five banks for several anti-competitive arrangements detected between 2007 and 2013.
The banks that have settled are Barclays, Citigroup, JP Morgan, RBS and Mitsubishi UFJ
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