Big Banks Fined $3.4B In Forex Probe

American, British and Swiss regulators levied hefty fines, totaling up to over $3 billion, on five global banks on Wednesday for the attempted manipulation of benchmark rates in foreign exchange markets. The fines follow a year-long investigation into allegations that foreign exchange markets, in which over $5.3 trillion worth of currencies are traded daily, was being…

Big Banks Fined $3.4B In Forex Probe

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