Regulators fine global banks $3.4 billion in forex probe
A Citibank sign is shown in downtown Los Angeles, California October 29, 2014.
(Reuters) – Global regulators imposed penalties totaling $3.4 billion on five major banks, including UBS (UBSN.VX), HSBC (HSBA.L) and Citigroup (C.N) on Wednesday for failing to stop their traders from trying to manipulate foreign exchange markets.
Read the full text news resource site…
Source News: Reuters
Photo: Reuters/Mike Blake
