U.S. judge orders 15 banks to face big investors’ currency rigging lawsuit

By Jonathan Stempel NEW YORK (Reuters) - A U.S. judge on Thursday said institutional investors, including BlackRock Inc and Allianz SE's Pacific Investment Management Co, can pursue much of their lawsuit accusing 15 major banks of rigging prices in the $6.6 trillion-a-day foreign exchange market. U.S

The post U.S. judge orders 15 banks to face big investors’ currency rigging lawsuit appeared first on Firstpost.

from Firstpost