Brexit Blows Up Currency Derivatives Sold to U.K. Companies

  • Sterling crash turned some currency derivatives toxic
  • Losses prompted jump in misselling claims, lawyers say

Did Brexit Turn the Derivatives Market Toxic?

For eight years, TTT Moneycorp Ltd. regularly took Dariusz Suchicki to dinner and soccer matches, all while selling him, as the head of finance of a U.K.-based importer of Polish foods, a series of complex currency derivatives.

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