Forex

  • BusinessAOL

    Banks fined £2 billion for forex rigging

    Five of the world's biggest banks are to pay fines totalling £2 billion after regulators today lifted the lid on the latest scandal to rock the industry. Taxpayer-funded Royal Bank of Scotland (RBS), along with HSBC, Citibank, JPMorgan

    3-min read
  • BusinessAOL

    Barclays sets aside £500m for currency rigging

    Barclays has set aside £500 million over the alleged rigging of foreign exchange (forex) markets which are being probed by regulators around the world. It adds to penalties and compensation costs it has already had to shoulder to deal with other

    1-min read