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EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 billion for FX rigging

Credit: Reuters- Published on May 16, 2019
The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion euros ($1.2 billion) on Thursday for rigging the multi-trillion dollar foreign exchange market.
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