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Kevin McCoy, USA TODAY 11:55 a.m. EST November 18, 2013 The foreign exchange trading investigation is the latest multinational probe of financial benchmarks that affect trillions of dollars in personal and business transactions. A South Korean company has accused seven global banks of manipulating foreign exchange rates, the second lawsuit filed amid a multi-national investigation…
South Korea’s Simmtech Sues Large Banks in U.S. Court Semiconductor Maker Claims Damages in Connection with Alleged Currency Markets Manipulation By Anjani Trivedi Nov. 19, 2013 11:19 a.m. ET A South Korean company is claiming damages in a U.S. court from some of the world’s biggest banks in connection with alleged manipulation of global currency…
