Lloyds Bank removed as defendant from FX lawsuit
BAML and BNP Paribas now added to list of defendants
Lloyds Bank has been removed from the list of defendants in the consolidated complaint against a group of banks that buy-side participants claim have breached antitrust laws by colluding in foreign exchange markets, and despite the bank having suspended a trader and appearing in an earlier filing in February.
The consolidated complaint, filed on March 31 in New York, now lists 12 banks as defendants including Bank of America Merrill Lynch (BAML) and BNP Paribas, who were not included in the
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