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HSBC, Barclays and Natwest among banks fined £293m over forex scandal dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
The banks, along with Credit Suisse and UBS, were part of a cartel which colluded to fix the prices of foreign currencies, the European Commission found. ....
The European Commission has completed its cartel investigation into the Foreign Exchange (‘Forex') spot trading market by imposing fines on five banks. ....
The European Union has fined four major banks a combined $390 million for colluding in a foreign exchange spot trading cartel that allowed them to beat inherent risks in currency deals ....
EU fines 4 banks $390M in foreign exchange trading cartel - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.