The Financial Conduct Authority (FCA) has fined five banks a total of £1.1bn following its investigation into alleged foreign exchange market manipulation in a scandal that cost schemes billions
The total comprises £225m from Citibank, £216m from HSBC, £222m from JPMorgan Chase Bank, £217m from RBS and £234m from UBS. The fine is the largest ever penalty imposed by the FCA. The US Comm...
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