Home Info-Graphs Banks Hit With Record Fines For Forex Manipulation [Chart]

Banks Hit With Record Fines For Forex Manipulation [Chart]

Advertisement Disclosure: When you purchase through our sponsored links, we may earn a commission from our partners. By using this website you agree to our T&Cs.


The total fines add up to nearly $6 billion for the manipulation of foreign currency rates for the benefit of traders. The biggest hit this week was to Barclays, with the bank getting a $2.5 billion fine in the probe. Barclays, along with three other banks (Citigroup, JPMorgan, and RBS) had pleaded guilty to criminal charges for forex manipulation with the market prices for US dollars and euros. UBS, the bank that was granted immunity in the antitrust case, did also plead guilty to manipulating LIBOR.

Banks Hit With Record Fines For Forex Manipulation

via Visual Capitalist

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

Sheeraz Raza
Editor

Related news

Shell

Most Successful EU Companies By Profit Per Employee

Anna Peel
Boone County Property Tax Relief for Seniors

Surge in U.S. Seniors Applying for Entry-Level Positions

Umair Tariq
College grad or student in a library

CUNY City University Is The Best ‘Value For Money’ University In 2023 

Anna Peel
New Property Tax Relief from Philadelphia

States With The Largest Decline In Homeownership Since 2000

Anna Peel
biggest cryptocurrencies for gambling States Spending Most On Gambling

Data Reveals The States Spending Most On Gambling

Anna Peel

Must Read

New

How to Invest in Stocks in 2026 – Beginner’s Guide

Investing in stocks can be a great way to improve your overall wealth – but...

23 Min Read Read now

Latest News

Investing

Which Stocks Should You Buy, and Sell, in 2026?
Dave Kovaleski6 months

Also, the 3 sectors that Wall Street analysts are most bullish about. The usual suspects dominated in 2025 as both the Communication Services and Information Technology sectors helped boost the...