Barclays is one of five banks named in a massive rigging scandal. Photo: Reuters

Five banks fined more than US$1 billion by EU for rigging multitrillion-dollar foreign exchange market: Barclays, RBS, Citigroup, JP Morgan and MUFG

  • Barclays, Royal Bank of Scotland, Citigroup, JP Morgan and MUFG formed two cartels to manipulate the spot foreign exchange market for 11 currencies
Topic |   Foreign exchange market

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Barclays is one of five banks named in a massive rigging scandal. Photo: Reuters
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