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NY Fines Standard Chartered $40M After Forex-Rigging Probe

By Dean Seal ( January 29, 2019, 9:05 PM EST) -- New York's banking regulator said Tuesday that Standard Chartered Bank will pay $40 million to resolve claims that it participated in a scheme to rig foreign exchange benchmark rates, marking the last settlement to come from a long-standing investigation into misconduct and manipulation in the foreign exchange market....

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