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EU Fines 5 Banks €1.07B For Rigging FX Trades

By Joanne Faulkner ( May 16, 2019, 11:38 AM BST) -- Five major banks including Royal Bank of Scotland and Barclays have been fined more than €1 billion ($1.2 billion) for allegedly colluding in the trade of large sums in foreign-exchange markets, the European Commission announced Thursday....

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