Antitrust Antitrust

Barclays says 'opaque' global forex market hinders UK mass antitrust suits

By Simon Zekaria
  • 13 Jul 2021 11:30
  • 15 Jul 2021 10:45
Barclays Bank told a UK judge today that planned mass antitrust lawsuits against it and other banks over global foreign-exchange collusion faced difficulty because the currency trading market — worth trillions of dollars in daily transactions — is hard to understand.
On the second day of a five-day hearing at the

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Simon Zekaria

Senior Correspondent

Simon Zekaria is a senior correspondent in London, covering UK regulation. Prior to joining MLex, Simon reported on business news for The Wall Street Journal, including on telecommunications, media, technology and consumer affairs. Simon was also a writer for the WSJ on diverse subjects such as Brexit, UK politics and global sport. Simon was previously a correspondent on competition issues and European politics for Thomson Reuters and Agence France-Presse in Brussels. Simon is a graduate of Edinburgh University, with Masters degrees in literature and law. A French speaker, he has studied at the Sorbonne University, Paris.

Discover MLex

Stay on top of global regulatory developments

Latest News