Kirstin Ridley And Joshua Franklin

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Regulators fine global banks $3.4 bn in forex probe

Regulators fine global banks $3.4 bn in forex probe

Rediff.com12 Nov 2014

Royal Bank of Scotland and JP Morgan were also fined over attempts to rig currency benchmarks in a year-long probe that has put the largely unregulated $5 trillion-a-day market on a tighter leash, with dozens of dealers suspended or fired.