Six Banks Pay $5.6 Billion in Fines for Foreign Exchange Manipulation
Date Written: 22/05/2015
Year Published: 2015
Resource Type: Article
Cx Number: CX17565
Six major international banks Bank of America, Barclays, Citibank, JPMorgan Chase, Royal Bank of Scotland (RBS) and Union Bank of Switerland (UBS) have agreed to pay $5.6 billion in fines for rigging global foreign exchange markets.