Investors recoup $2 bn from banks over rigging currency markets

Groups of traders who used names like the Cartel - the Bandits Club and the Mafia operated in secret to manipulate foreign exchange rates to make higher profits. The banks implicated have been fined by regulators and now investors in the United States, who say they lost money as a result of the rate manipulation, are being compensated. Nine banks have today agreed to pay $2 billion in settlements to them. Seven other banks are being pursued and law firms are also looking at taking action in the UK and Asia. Lawyer David Scott - from Scott and Scott Attorneys in New York, who acted on behalf of some of the claimants, tells the BBC's Susannah Streeter more about the case.