Organisation: JPMorgan Chase

A lower court wrongly annulled a KFTC decision finding that Citibank Korea and JPMorgan Chase illegally rigged tenders from two state-owned companies for currency swap services, Korea’s top court has held.

13 September 2023

South Africa’s Competition Tribunal has refused to strike out over a dozen banks from the national enforcer’s forex cartel case for a second time, ruling that the agency has jurisdiction to fine foreign banks with no local presence for participating in a price-fixing conspiracy.

31 March 2023