An HSBC Bank branch in New York. Wednesday’s lawsuit accuses the banks of violating US antitrust law by conspiring from 2003 to 2013 to rig currency benchmarks. Photo: Reuters

HSBC, Standard Chartered among 16 banks being sued by big investors in US over currency market rigging

  • BlackRock and Allianz SE’s Pacific Investment Management among plaintiffs opting out of similar litigation that has resulted in US$2.31 billion in settlements with 15 of the banks
Topic |   Foreign exchange market

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An HSBC Bank branch in New York. Wednesday’s lawsuit accuses the banks of violating US antitrust law by conspiring from 2003 to 2013 to rig currency benchmarks. Photo: Reuters
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