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EU fines five major banks for currency collusion

EU fines five major banks for currency collusion The European Commission has today fined Barclays, Citigroup, JP Morgan, Japan’s MUFG and Royal Bank of Scotland a combined €1.07 billion 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 […]

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EU fines five major banks for currency collusion

EU fines five major banks for currency collusion The European Commission has today fined Barclays, Citigroup, JP Morgan, Japan’s MUFG and Royal Bank of Scotland a combined €1.07 billion 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 […]

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