Financial scandal? Make mine a forex
Big fines and civil claims are predicted after investigations into foreign exchange manipulation, says Jonathan Ames
For those thrilled by the Libor and interest rate swap scandals — you’re just going to love the foreign exchange manipulation saga.
Financial services litigation lawyers — as well as the Bank of England governor — are already predicting “forex” will generate bigger fines and civil claim damages, with litigation already begun in the US.
Read the full article on The Times here.