Currency rigging

UBS says not fined in currency rigging probe but must pay $342 mn

Swiss banking giant UBS said Wednesday that the US Department of Justice had dropped charges against it after a probe into currency rigging.

May 20, 2015, 12:33 PM IST

Barclays, Citigroup, HSBC and others may face record fines over currency rigging: Report

Barclays, Citigroup, HSBC, JPMorgan Chase, the Royal Bank of Scotland and UBS have begun meetings with the Financial Conduct Authority (FCA) to agree a settlement, and fines may amount to over one billion pounds ($1.6 billion, 1.3 billion euros), the FT reported, citing sources close to the situation.

Sep 27, 2014, 03:58 AM IST