US investors in forex suit 'hopeful' of settlement
They say HSBC, Barclays, Goldman, BNP manipulated foreign exchange rates
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New York
INVESTORS claiming banks manipulated foreign exchange rates are "hopeful" of reaching a settlement within 30 days in their cases against HSBC Holdings plc, Barclays plc, Goldman Sachs Group Inc and BNP Paribas SA, according to their lawyer.
Michael Hausfeld, co-lead counsel for the investors suing the banks, said that there have been "serious discussions" with the four banks and settlements may be announced soon.
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