Morning Scan: Five Banks Reach $3.3B Forex Deal; Is Lawsky Eying the...

11/12/14

Receiving Wide Coverage ... First Forex Deal Reached: Five banks have agreed to shell out a total of $3.3 billion to U.S., British and Swiss authorities to settle charges that they tried to manipulated the foreign exchange market. The banks included in the settlement were Citigroup, JPMorgan Chase, HSBC, Royal Bank of Scotland and UBS; Barclays had been in talks with regulators but got cold feet as the announcement neared, the New York Times reports. TheÂ...

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