From the web: “Banks hit by record $5.7bn fine for rigging forex markets”

May 20, 2015 Uncategorized

Five major banks, including Barclays and Royal Bank of Scotland, have been fined a record $5.7bn (£3.7bn0) for rigging foreign exchange markets. This is second wave of punishments for fixing forex markets. Six major banks were fined £2.6bn in November 2014. This takes the total cost to £6.3bn.

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