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EU fines five banks $1.2 billion for foreign exchange rigging

Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300