Six Banks Pay $5.6 Billion in Fines for Foreign Exchange Manipulation

Smallteacher, Richard

Publisher:  CorpWatch
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.

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