Royal Bank of Scotland, Barclays, Citigroup and JP Morgan Chase could face combined penalties worth almost $4bn from the US Department of Justice over their alleged role in the rigging of foreign exchange markets, Bloomberg reported.
Investment Banking
US prosecutors said to eye $4bn fine against four banks over FX rigging charges
Royal Bank of Scotland, Barclays, Citigroup and JP Morgan Chase could face combined penalties worth almost $4bn from the US Department of Justice over their alleged role in the rigging of foreign exchange markets, Bloomberg reported.
