EU fines five banks $1.2 bln for FX rigging (14)

BizWorld Irish 2019.05.16 17:09
Written by Business World, on 16th May 2019. Posted in World The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion euros on Thursday for rigging the multi-trillion dollar foreign exchange market. Banks have been hit with billions of dollars in fines worldwide over the last decade for the rigging of benchmarks used in many day-to-day financial
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