Antitrust Antitrust

Forex-cartel banks must face mass claim with full class included, UK judge told

By Simon Zekaria
  • 16 Jul 2021 12:12
  • 16 Jul 2021 12:12
Barclays, UBS, JPMorgan Chase and other cartelist investment banks must be put on the hook for multibillion-dollar damage payouts from a mass lawsuit featuring an automatically formed class of thousands of investment firms, a proposed claim representative told a UK judge today.

At the UK's competition court today, litigants wrapped up a

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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.

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