Currency-rigging lawsuit settlements rise past $2 bln

NEW YORK: Investors have recovered more than $2 billion in settlements with nine banks over claims of price-rigging in the foreign exchange market, and are continuing to pursue claims against seven other banks, a lawyer for the plaintiffs said Thursday.

HSBC Holdings Plc, Barclays Plc, BNP Paribas SA and Goldman Sachs Group Inc are among the latest banks to reach settlement in the class action litigation, Christopher Burke, the lawyer, said in federal court in Manhattan.