Bank of America Corp. (NYSE:BAC) will pay $180 million to settle a lawsuit that had accused the Charlotte-based financial giant and other multinational banks of manipulating foreign-exchange rates, according to The Wall Street Journal.
Other parties in the lawsuit, including JPMorgan Chase, have already settled with the same private investors that initiated this action, while others, including Citigroup, are expected to settle soon, the WSJ notes. The suit, filed in late 2013, accused traders at…Huwebes, Abril 30, 2015
Bank of America to pay $180 million in forex settlement
Bank of America Corp. (NYSE:BAC) will pay $180 million to settle a lawsuit that had accused the Charlotte-based financial giant and other multinational banks of manipulating foreign-exchange rates, according to The Wall Street Journal.
Other parties in the lawsuit, including JPMorgan Chase, have already settled with the same private investors that initiated this action, while others, including Citigroup, are expected to settle soon, the WSJ notes. The suit, filed in late 2013, accused traders at…
Mag-subscribe sa:
I-post ang Mga Komento (Atom)
Walang komento:
Mag-post ng isang Komento