Citi has agreed to pay a US$1.02 billion fine as part of the deal to settle civil claims of foreign exchange rate rigging. Photo: Bloomberg

US and UK forex probes could bring more pain to banks

As global lenders pay out billions to settle market rigging suits, stage set for talks on probes that could bear much more severe consequences

Topic |   HSBC

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Citi has agreed to pay a US$1.02 billion fine as part of the deal to settle civil claims of foreign exchange rate rigging. Photo: Bloomberg
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