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BlackRock and Allianz Sue 16 Banks in the U.S. over Currency Market Rigging
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…. The post by Priyeshu Garg appeared first on , bitcoin, Blockchain & Cryptocurrency News
