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Barclays, RBS, HSBC, Credit Suisse fined in EU over forex trading (update*)

By Nicholas Hirst ( December 2, 2021, 10:55 GMT | Insight) -- Barclays, RBS, HSBC and Credit Suisse have been fined a total of 344 million euros for colluding on foreign exchange spot trading, the EU’s antitrust enforcer announced today. It is the third sanction, and according to the European Commission the final one, to be issued as part of a sweeping EU inquiry into that market dating back almost a decade.Barclays, Royal Bank of Scotland, HSBC and Credit Suisse have been fined a total of 344 million euros ($390 million) for colluding on foreign exchange spot trading, the EU’s antitrust enforcer said today....

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