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Banks fined £2bn by regulators over Forex failings

Five banks have been collectively fined £2bn by UK and US regulators for traders' attempted manipulation of foreign exchange rates.

HSBC, Royal Bank of Scotland, Swiss bank UBS and US banks JP Morgan Chase and Citibank have all been fined.

A separate probe into Barclays is continuing.

Kamal Ahmed reports.

  • 12 Nov 2014
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