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5 Banks Fined In The UK For Colluding On Foreign Exchange Rates.

: 05/16/2019 - 13:14

In the UK,

Barclays and RBS are among five banks which have been fined for colluding on foreign exchange rates.

Citigroup, JPMorgan and MUFG are the others slapped with levies from the European Commission, totalling around 930 million pounds.

The commissioner says the behaviour undermined the integrity of the sector at the expense of the European economy and consumers.


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