Former London-Based Forex Traders Wait for Verdict on Collusion Charges

[kreslik.news]

It is now up to a Manhattan federal jury to determine the fate of three former foreign exchange (forex) traders based in London who have been accused of rigging forex rates. On Thursday, the jury heard closing arguments, wrapping up a two-week trial presided over by U.S. District Judge Richard Berman, where the lawyers of the defendants urged the jurors to clear their client’s names and reject the information presented by prosecutors.

The lawyers for Chris Ashton, Rohan Ramchandani and Richard Usher, who worked at Barclays Plc, Citigroup Inc and JPMorgan Chase & Co, respectively, asked the jury to ... (read more)