Credit Suisse currency rigging claims go before U.S. jury ...Middle East

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Credit Suisse currency rigging claims go before U.S. jury
source : Devdiscourse ( Middle East ) () 38
A U.S. jury began deliberating on Wednesday at a civil trial where Credit Suisse Group AG stands accused of conspiring with the world's largest banks to rig prices in the foreign exchange market between 2007 and 2013. Credit Suisse is the last bank defendant remaining in the class action brought by currency investors in 2013, after 15 others reached settlements worth $2.31 billion. The investors allege that Credit Suisse traders shared nonpublic pricing information with traders at other banks.

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