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BNP Paribas pleads guilty to forex price-fixing scheme

( January 26, 2018, 15:26 GMT | Official Statement) -- MLex Summary: BNP Paribas has pleaded guilty to participating in a price-fixing conspiracy in the foreign currency exchange market, the US Justice Department announced. According to the one-count information, between September 2011 and July 2013, BNPP conspired to suppress and eliminate competition by fixing prices in Central and Eastern European, Middle Eastern and African currencies. The company has agreed to pay a $90 million criminal fine.Statement follows in full. ...

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