Barclays, JP Morgan and other big banks have asked a Californian judge to move a class action over alleged ongoing foreign exchange manipulation to the New York federal court, arguing that case belongs there, calling the complaint "an outlier". It would be more efficient to... The lawsuit was filed in California on Friday by lawyers for two of the largest US banks, JPMorgan, which is based in San Francisco, and Citigroup, headquartered in Lower Manhattan.
Barclays, JP Morgan and other big banks have asked a Californian judge to move a class action over alleged ongoing foreign exchange manipulation to the New York federal court, arguing that case belongs there, calling the complaint "an outlier". The lawsuit was filed in California on Friday by lawyers for two of the largest US banks, JPMorgan, which is based in San Francisco, and Citigroup, headquartered in Lower Manhattan.