Europe hits five banks with $1.2 billion fine over currency trading cartel

Five global banks have been slapped with a €1.07 billion fine in Europe for running cartels that coordinated currency trading. The European Commission announced Thursday that it will hit JPMorgan Chase, Citigroup, Barclays, RBS, and Japan's MUFG with the penalties following an investigation into collusion in the foreign exchange market. Pročitaj više