BlackRock and Allianz Sue 16 Banks in the U.S. over Currency Market Rigging

BlackRock and Allianz Sue 16 Banks in the U.S. over Currency Market Rigging
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Gavel Falling on Grey Bank Sculpture

A group of large institutional investors in the U.S., including BlackRock Inc., a global asset management company with $6.3 trillion in assets under management, has sued 16 major banks accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market, Reuters reported on November 8, 2018. Major U.S. Banks Sued over Forex Price Rigging Some of the largest…Read More. The post by Priyeshu Garg appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

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