Banks including JPMorgan Chase & Co, Barclays Plc and Citigroup Inc will face a class action suit over allegations of foreign exchange manipulation after a London judge gave a full trial the go-ahead.
The FX collusion claim, which is also being brought against NatWest Group Plc, UBS Group AG and Mitsubishi UFJ Financial Group Inc, could be worth as much as £2.7 billion ($3.5 billion), according to estimates from lawyers Hausfeld running the suit.
Read More : UK Judge Rules: Banks to Encounter Class Action Over Forex Rigging