Citibank wants class closure before evidence in rate-rigging case

Competition & Consumer Protection 2023-10-23 11:43 pm By Cindy Cameronne | Sydney

Citibank has argued group members should be asked to sign on to a class action accusing five major banks of entering a cartel agreement to rig foreign exchange rates before evidence is filed in the case, saying it was impossible to know how much the claims were worth.