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Empresas y finanzas

JPMorgan settles forex price-rigging lawsuit: letter


    NEW YORK (Reuters) - JPMorgan Chase & Co, the largest U.S. bank, has agreed to settle its portion of an antitrust lawsuit in which investors accused major banks of rigging prices in the $5 trillion-a-day foreign exchange market.

    The settlement was disclosed in a letter from lawyers for JPMorgan and the plaintiffs, and was filed on Monday with the U.S. district court of Manhattan.

    Terms were not disclosed. A settlement agreement is expected to be filed with the court by the end of January, the letter said.

    (Reporting by Jonathan Stempel in New York; Editing by Meredith Mazzilli)