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Banks fined over EUR 1bn for foreign exchange cartel

by CNN.com - Asia | May 20, 2019 | Europe | 0 comments

The EU Commission fined five banks – Barclays, RBS, Citigroup, JPMorgan and MUFG – EUR 1.07 billion Thursday for taking part in two cartels in the Spot Foreign Exchange market for 11 currencies.
Source: European Business News
Banks fined over EUR 1bn for foreign exchange cartel

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