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Email On 29 July 2019, claimants brought a class action in the UK Competition Appeal Tribunal (CAT) against five investment banks, alleging potentially billions of pounds in damages from cartel conduct in the foreign exchange markets. https://www.cadwalader.com/resources/newsletters/antitrust-and-financial-services/claimants-bring-uk-class-action-against-investment-banks-for-fx-manipulation