By Simon Zekaria ( July 29, 2026, 14:17 GMT | Insight) -- A proposed mass claim against JPMorgan Chase, Barclays, Citigroup, Royal Bank of Scotland, Japan's MUFG and other banks over a foreign-exchange cartel faces the risk of demands for class members in the action to opt in to the litigation, the plaintiff told a UK judge on Wednesday. The claim had previously been rejected by competition judges, resulting in subsequent legal appeals.A proposed mass claim against JPMorgan Chase, Barclays, Citigroup, Royal Bank of Scotland, Japan's MUFG and other banks over a foreign-exchange cartel faces the risk of demands for class members in the action to opt in to the litigation, the plaintiff told a UK judge on Wednesday....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.