BNP Subsidiary To Plead Guilty To Role In FX Market Antitrust Scheme

Mealey's (January 30, 2018, 2:08 PM EST) -- NEW YORK — The U.S. subsidiary of BNP Paribas S.A. will pay $90 million after pleading guilty in New York federal court to its role in a massive price-fixing conspiracy in the foreign exchange (FX) market, according to a U.S. Department of Justice press release issued Jan. 26 (United States of America v. BNP Paribas USA Inc., No. 10-cr-061, S.D. N.Y.)....

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