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NatWest Group faces Dutch damages lawsuit over forex cartels

By Tono Gil ( February 21, 2022, 08:26 GMT | Insight) -- NatWest Bank says it faces a damages suit in the Netherlands brought by the platform Stichting FX Claims over Royal Bank of Scotland's participation in a cartel to manipulate foreign-exchange rates. In a US securities filing, the bank said that amount claimed is "unspecified" as the claimant may seek to expand the suit's scope due to a recent antitrust fine.UK banking giant NatWest Group says it faces a damages suit in the Netherlands brought by the platform Stichting FX Claims over its participation in cartels to manipulate foreign-exchange rates....

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