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“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Banks Fined $4.3 Billion in Foreign-Exchange Probe
In a highly-anticipated series of settlements, regulators from the United Kingdom, United States, and Switzerland today slapped six banks with a total of $4.3 billion in fines to resolve charges that they manipulated the foreign exchange currency-trading market. JPMorgan and Citibank will pay the largest total in fines of $1 ...
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