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JPMorgan Chase, other banks face fresh UK forex cartel damages mass claim risk

By Simon Zekaria ( April 23, 2026, 15:13 GMT | Insight) -- JPMorgan Chase, Barclays, Citigroup, Royal Bank of Scotland, Japan's MUFG and other banks are facing a fresh bid to file a UK mass claim against them over a foreign-exchange cartel, a proposed class representative has said. Consumer champion Phillip Evans says he and his legal team are preparing a bid to win the right to modify a lawsuit that has been rejected by UK courts.JPMorgan Chase, Barclays, Citigroup, Royal Bank of Scotland, and Japan's MUFG are facing a fresh bid to file a UK mass claim against them over a foreign-exchange cartel, a proposed class representative has said. ...

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