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

http://www.corpwatch.org/article.php?id=16029
Date Written:  2015-05-22
Publisher:  CorpWatch
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.

Subject Headings

• Banking Industry
• Corporate Crime
• Corruption
• Foreign Exchange Manipulation