16 May 2019

A Reminder: Banks Risk Still Being Fined

This is behavior from 5 years ago, and finally settled with fines and banks hoping the regulators (at least in the European Union) will "go away". That's why all this might sound familiar to anyone who follows trading in currencies on Foreign Exchanges ....
Listen up > there's always more to the story
Published on May 16, 2019
Views: 225  at time of upload to this blog
May.16 -- Citigroup Inc., Royal Bank of Scotland Group Plc and JPMorgan Chase & Co. are among five banks that agreed to pay European Union fines of about 1.07 billion euros ($1.2 billion) for colluding on foreign-exchange trading strategies. Aoife White reports from Brussels on "Bloomberg Surveillance."