HSBC faces fresh forex rigging suit

|About: HSBC Holdings PLC (HSBC)|By:, SA News Editor

HSBC is facing a fresh lawsuit over allegations of foreign exchange manipulation.

According to the FT, the bank's traders are being accused of cheating markets for their own profit more than a decade ago.

HSBC and several other global banks were already fined $4.3B for systematic rigging in 2014.

Subscribe for full text news in your inbox