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Big Banks Can't Argue Pass-On In Forex Rigging Suit

By Joanne Faulkner ( March 23, 2022, 6:02 PM GMT) -- An appeals court refused Wednesday to allow Barclays, HSBC and other big banks to argue that institutional investors passed on their losses from alleged manipulation of the foreign exchange markets by the lenders, ruling that the defense would overcomplicate assessment of the damages....

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