Swiss regulator hunts for hints in Credit Suisse FX probe

Five banks fined, two acquitted as Comco closes market-rigging probes

investigating searching
Closer look: Comco says it needs indicia to examine Credit Suisse more profoundly

Switzerland’s Competition Commission (Comco) says it is still hunting for signs that could confirm whether Credit Suisse colluded with other banks to rig the $5 trillion-a-day foreign exchange market.

Comco closed its investigations into FX market manipulation on June 6, imposing a CHF 90 million ($90.7 million) fine on five banks for several anti-competitive arrangements detected between 2007 and 2013.

The banks that have settled are Barclays, Citigroup, JP Morgan, RBS and Mitsubishi UFJ

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